Sentences with phrase «average indebted household»

NerdWallet's 2017 household debt study shows that several major spending categories have outpaced income growth over the past decade; many Americans are putting medical expenses on credit cards; and the average indebted household is paying hundreds of dollars in credit card interest each year.

According to the 2015 American Household Credit Card Debt study from NerdWallet, the average indebted household carried $ 15,355 in credit card debt in 2015.

The average indebted household carries approximately $ 16,000 on their cards.

Currently, the average indebted household owes approximately $ 16,000 on their credit card, and pays an APR of 13.76 %.

For the average indebted household, who currently carries around $ 16,000 in credit card debt, that can save approximately $ 1,551 over those 12 months — assuming the cardholder can afford $ 1,000 monthly payments and is moving from an APR of 15 % (the national average).

The average indebted household owes approximately $ 16,000 in credit card debt and pays a 13.66 % interest.

Consider that the average indebted household carries over $ 15,000 in credit card debt alone, not to mention medical debt, personal loans, second mortgages on underwater homes, and other types of unsecured debt.

Credit card debt plagues millions of Americans, with the average indebted household carrying more than $ 15,000 on their cards.

For the average indebted household, who currently carries around $ 16,000 in credit card debt, that can save approximately $ 1,551 over those 12 months — assuming the cardholder can afford $ 1,000 monthly payments and is moving from an APR of 15 % (the national average).