Tuesday , April 8 2025
Home / The Angry Bear / Americans and debt…

Americans and debt…

Summary:
Lifted from comments Denis Drew points us to: Americans are drowning in debt. Here’s where they have it the worst. By Christopher Ingraham, December 8 at 1:58 PMhttps://www.washingtonpost.com/news/wonk/wp/2017/12/08/americans-are-drowning-in-debt-heres-where-they-have-it-the-worst/?utm_term=.45e91dd1c24f “Nationwide the data shows that 33 percent of Americans hold debt that is currently in collection. The median amount of debt in collections is ,450.” “At the county level, 68 percent of the residents of tiny Allendale County, S.C., (pop. 9,433) have debt currently in collections, the highest county rate in the nation. Cook County Minnesota can boast the nation’s lowest prevalence of past-due debt, at just 6 percent.” “Urban’s numbers show that those

Topics:
Dan Crawford considers the following as important: ,

This could be interesting, too:

Joel Eissenberg writes How Tesla makes money

Angry Bear writes True pricing: effects on competition

Angry Bear writes The paradox of economic competition

Angry Bear writes USMAC Exempts Certain Items Coming out of Mexico and Canada

Lifted from comments Denis Drew points us to:

Americans are drowning in debt. Here’s where they have it the worst.

By Christopher Ingraham, December 8 at 1:58 PM
https://www.washingtonpost.com/news/wonk/wp/2017/12/08/americans-are-drowning-in-debt-heres-where-they-have-it-the-worst/?utm_term=.45e91dd1c24f

“Nationwide the data shows that 33 percent of Americans hold debt that is currently in collection. The median amount of debt in collections is $1,450.”

“At the county level, 68 percent of the residents of tiny Allendale County, S.C., (pop. 9,433) have debt currently in collections, the highest county rate in the nation. Cook County Minnesota can boast the nation’s lowest prevalence of past-due debt, at just 6 percent.”

“Urban’s numbers show that those sky-high health-care costs are saddling many Americans — nearly 20 percent of them — with debt they cannot pay.”

Dan Crawford
aka Rdan owns, designs, moderates, and manages Angry Bear since 2007. Dan is the fourth ‘owner’.

Leave a Reply

Your email address will not be published. Required fields are marked *