Dealing With Debt (Infographic)

Credit Cards and Student Loans

Dealing With Debt (Infographic)
July 18, 2016

Do you carry credit card debt from month to month? You're not alone. Do you feel knowledgeable about applying for a student loan? Most Americans don't. Discover how people like you are dealing with their debt in our infographic above, based on a recent survey by the National Foundation for Credit Counseling.

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STOKES | 07.19.16 @ 13:25
I love these infographics; they put real world information into an easy-to-read format. I try to limit my amount of debt but I'm just as guilty as most people. Things come up and debt goes up
Jonathan | 07.19.16 @ 13:25
Student loans are definitely one of those instances were you have to weigh the pros and cons.
Carla | 07.19.16 @ 13:26
We have a rule to pay off our credit card debt each month and charge less than 100 dollars unless there is an emergency. We do struggle to keep our bills paid so there are very few luxuries in the last few years.
Heather | 07.19.16 @ 13:27
Interesting breakdown on the types of debt and the type of people who have it.
Victor colon | 07.19.16 @ 13:29
Wow to think Households in the US have such a high rate of debt is incredible
Kamie | 07.19.16 @ 13:31
The percentages are still too high in my opinion for those who can not save after they get a student loan once they hit a true adult life. We should not have to struggle after we graduate college, and have a good paying job.
Ron | 07.19.16 @ 13:34
Catrying debt for years is the new addition to being as American as apple pie. I carry too much, but just when we start making headway, there is a crisis that demands an immediate response in the means of credit. Certainties in life are now death, debt, and taxes. We keep working to cut it down. More income, less spending. And onward we go.
Wanda Langley | 07.19.16 @ 13:41
I always try to pay off my Balance on my Credit Card every Month beings the Interest adds up. This is not always easy to do but that is the only way that the Reward Points are worth it.
Jackie | 07.19.16 @ 13:44
I have three credit cards I use. One I pay off monthly to avoid paying interest. The other two are 0% interest for a set period of time. I never pay interest on a credit card.
Erin | 07.19.16 @ 13:45
The student loan debt is a killer, especially because most people who have it have no way of paying it back right away. It's a hard way to start out life in your own.
$commenter.renderDisplayableName() | 11.25.20 @ 02:56