One Quarter of US Has More Card Debt Than Savings

This is an interesting simple ratio.  Credit Card Debt / Savings in bank.

Rumors of the spendthrift American consumer may be slightly exaggerated. Bankrate’s 2013 February Financial Security Index found that a majority of consumers — by a narrow margin — say they have more savings than credit card debt.

via One Quarter of US Has More Card Debt Than Savings.

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