Consumer Credit Statistics
According to the Federal Reserve, the U.S. is in the middle of a credit card debt crisis. In 2009, the credit card debt level had reached $1700 per household. The consumer debt remained almost constant throughout the year, culminating in a total of $2.5 trillion dollars. To understand the situation better, it’s essential to look at some consumer credit statistics.
- What You Need to Know: Come here to learn about new credit card rules and more.
- Credit & Loans: The FTC Consumer Information explains the difference between secured and unsecured debts. Visitors can also learn more about credit cards.
- Out of Control Debt: The consumer action handbook which provides low cost credit counseling.
- My Money: The National Financial Literacy and Education Commission’s website provides tool and resources to help people manage their debt and credit. More financial information on credit cards can be found here.
- Managing Credit & Debt: The Office of Consumer Affairs & Business Regulation provides information the credit report, debt collection, and more.
- Debt Collection: The Department of Justice in New Hampshire offers information on debt collection covering the law, types of debts, what debt collectors must do, and more.
- FICO score: The average FICO score in the U.S. is 723 according to Fair Isaac. What’s your FICO score?
- Payment Trends: The page discusses consumer payment trends in the U.S.
- Credit Card Terminology: A great place to learn all about credit card terms and more.
- Control Your Credit/Debt Management: The Bad Credit Hotel offers tips on debt management, contacting creditors, bankruptcy, and more.
- Knee Deep in Debt: The Federal Trade Commission provides information on debt management covering credit counseling, debt management plans, debt consolidation, and so on.
- Credit Card Payment Performance: An article by the Washington Post which reports that credit card payment had improved in 2009.
- FRB: The Federal Reserve provides the ultimate consumers guide to credit cards.
- Credit Card Fraud: The page shows how to counter fraudulent credit card transactions in exports.
- Credit Debt Management: Central Illinois Debt Management & Credit Education provides essential information on the management of credit debts.
- Which Card is Safer?: The site provides an assessment of safe credit cards.
- Payday Loans: Come here to learn more about payday loans and how to get safe credits.
- Credit Matters: Penn State University provides a resource center on credit matters covering credit bureaus, credit cards, credit legislation, credit reports, and more.
- Credit Matters: The page provides a lot of information on credit matters including qualification, credit history, the best deal, protection, and more.
- Approved Credit Counseling: The U.S. Trustee Program provides a search engine to find approved credit card counseling agencies in U.S. states and districts.
- Accepting Credit Cards: The page outlines some of the pros and cons of accepting credit cards and debit cards.
- Credit Rating or Economic Status: The U.S. Equal Employment Opportunity Commission addresses the issue of inquiry into credit rating, pre-employment inquiries, and economic status.
- Apprenticeship Training: The site provides instructions on how to calculate tax credit for a number of apprentices.
- Reforms: The White House highlights the key elements of the Credit Card Act 2009.
- Internet Fraud: The FBI provides tips to help consumers avoid Internet fraud as well as credit card fraud.
- Credit Card Terms: The Treasurer’s Office at the University of Michigan provides a comprehensive glossary of credit card terms.
- Credit & Debt Management: The University of Florida offers counseling and debt management to cut costs.
- Consumers and Debt: The Attorney General of Pennsylvania provides some advice on finding the right credit counseling agency
- Credit Chapters: United States Courts the implications of liquidation under the bankruptcy code.
- DOB: Credit Repair: The Connecticut Department of Banking offers some advice on credit repair scams.
- Credit Counseling: The page offers information on enrolling to a legal agency to get credit counseling service.
- Credit Counseling: The National Foundation offers a number of credit counseling help like budget worksheet, finding a counselor, bankruptcy, and more.
- Non-Profit Consumer Credit: The page provides consumer credit counseling to American consumers.
- Debt Relief Options: Come here to learn about debt settlement, credit card debt settlement program, and bankruptcy.
- Credit and Debt: The National Center on Women & Aging provides resources for woman financial planning.
- Your Credit Report: The Federal Reserve Bank of San Francisco offers information on credit reports including credit rating, loan applications, loan approval, and more.
- Credit Reports: The page offers information on getting a credit report
- Protect Your Credit: Come here to find out how to manage and protect your credit cards.
- Debt Management Plans: The page provides plans and strategies to help consumers stay out of debts.
- Bankruptcy: The Cornell University Law School offers an overview of bankruptcy laws in the United States.
Let's connect!