Current Debt Load Poll Results

Written by nickel - One Comment

Well, the results of the Money Poll on Current Debt Loads are in… Interestingly, 43% of all respondents reports have no outstanding debt whatsoever. Of course, this ignores mortgages, so it’s not quite as rosy as it sounds. Beyond this, there was a fairly even spread in terms of amounts owed. At the high end, 7% of respondents owe more than $50k, and nearly a quarter (23%) of respondents owe somewhere between $10k and $30k.There were lots of interesting comments in response to this poll, so be sure to check it out. And if you haven’t registered your vote yet, it’s not too late.

Published on January 19th, 2007 - One Comment
Filed under: Credit Cards, Debt Reduction, Polls
digg this - stumble it - save to del.icio.us

Related articles...

     » Money Poll #22: Current Debt Load
     » Credit Card Balance Poll Results
     » Telecommunciations Spending Poll Results
     » Tax Preparation Poll Results
     » Rent vs. Own Poll Results
     » Bank Account Poll Results
     » Online Banking Poll Results
     » Online Shopping Poll Results

Comments (scroll down to add your own):

  1. I still think we should also do ratios. $45K of non-mortgage debt is a ton if your HHI is $50K/year. It’s a little less worrisome if that HHI is $200K.

    Our only real debts are two cars. Has anyone tried doing one of the 0% APR/transfer games to effectively finance a car at 0%? Unfortunately the manufacturer had no 0% deals available at purchase time.

    Comment by ntguru — Jan 19th 2007 @ 5:10 pm

Leave a comment

Subscribe without commenting

Subscribe for free updates...


Search this site...

Sponsors...

Great deals...

Readers’ Choice...

Recent articles...

Recent comments...

  • Kyler: The S&L crisis of the 80’s started out slow and then gained...
  • Angel: What’s your opinion of a real estate purchase contract which has...
  • moneyman: Recent bank failures are down to greed, they were too eager to...
  • Vi: Just a bit of Real Estate Law: You do own half the sky above and the...
  • James: Definitely don’t put more than 100k(200k for joint account) at a...
  • Don Henderson: I purchased a $1,000 fridge, $449 washer, $379 dryer. and $59...
  • Kyler: Just because a bank loans out $100.00 does not mean they have $100.00...
  • jay: Great article! Will have to save this info in case we have problems....

Most talked about...