Comment on Credit card debt rises to $1.26T, nearing all-time recordparentComments−fhdkweig27dDo you have a citation for the 35% number? I wouldn't have thought it was that rare.−panarky27dLet me Google that for you ...Ah, here it is https://bpi.com/missing-factors-in-the-cfpbs-analysis-of-ris...−JKCalhoun27dI'm surprised it's that high. While times have changed, the whole idea of the credit card was to purchase a thing you could not otherwise afford to.
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Do you have a citation for the 35% number? I wouldn't have thought it was that rare.
Let me Google that for you ...
Ah, here it is https://bpi.com/missing-factors-in-the-cfpbs-analysis-of-ris...
I'm surprised it's that high. While times have changed, the whole idea of the credit card was to purchase a thing you could not otherwise afford to.