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2023 Credit Card & Federal Debt Stats Every American Needs to Know
Manage episode 357034928 series 3401282
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#RealEstate #MarketUpdate #creditcarddebt
We will discuss the following topics
- 2023 National Debt
https://www.usgovernmentspending.com/...
The US Treasury's gross federal debt includes debt held by the public and by federal government accounts. The federal debt was $30.93 trillion at the end of FY 2022 and is estimated to be $32.59 trillion by the end of FY 2023. As of March 2, 2023, the federal debt is $31.46 trillion. Check the Coronavirus Update page for updates.
- 2023 Credit Card Debt Statistics - LendingTree.com
Reference : https://www.lendingtree.com/credit-ca...
The article provides information on credit card debt statistics for 2023. Americans currently have a total credit card balance of $986 billion, which is the highest total since the Federal Reserve Bank of New York began tracking in 1999. The article discusses the average credit card debt of Americans and the states with the highest and lowest debt. It also highlights the percentage of credit card accounts that carry a balance and the average interest rates on credit cards, including new credit card offers. Additionally, the article reveals that just 2.25% of Americans' total outstanding credit card balances are currently at least 30 days delinquent. The data suggests that Americans are struggling with credit card debt, and it's important for individuals to take control of their finances to avoid getting into debt.
Mark Jones
Founder of https://reviewmymortgage.com/
President | iTHINK Mortgage
Top Producing Sr. Loan Officer
NMLS# 513437
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Matt Stansbury
Sr. Loan Officer | Sales Manager
NMLS# 1534206
Jody Trevino
Loan Officer
NMLS# 2211449
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Host: Mark Jones | Sr. Loan Officer | NMLS# 513437
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