How
Does Your Debt
Compare?
brought to you by Chrissy Neumann
East Cobb #1 School
District
Wyndham
Manor
$482,750
-
Unbelievable PRICE for this neighborhood and
school
district!!!
-
Absolutely gorgeous home, nestled on a quiet
cul-de-sac, yet conveniently located to 285 and
75
-
Three sides brick, professionally landscaped
yard, swim tennis
available!
-
Just built in 1999 makes this home better than
new - fully finished basement
-
Media room, in-law suite, exercise room and a
complete 2nd kitchen
(dishwasher/stove/micro/more!)
-
Two story grand Entrance and Family Room, TWO
cozy
fireplaces
-
Master suite is a delight and master bath
boasts Jacuzzi tub with stained glass
window
-
Hurry this home won't last long at this
price!!
-
Tuesday's
Tip
| Credit card
debt in America |
|
Americans
carry more than $700 billion in revolving debt like bank credit
cards and retail cards. How do you compare to the average American
borrower?
|
|
|
|
|
Average
number of cards
- The average cardholder has 2.7 bank credit cards, 3.8 retail
credit cards, and 1.1 debit cards. That’s 7.6 cards per
cardholder.
|
|
|
Average
household credit card debt
- The average household has more than $8,000 in credit card
debt, up from about $3,000 in 1990. An $8,000 debt at a rate of
18% interest will take more than 25 years to repay and cost more
than $24,000.
|
|
|
Average
credit card interest rate
- The average interest rate charged by credit cards is 14.71%.
|
|
|
Average
amount of unused credit
- The total unused credit lines for bank credit cards was about
$6,185 per person as of mid-year 2002.
|
|
|
Paying
off and missing payments
- About 40% of active accounts are paid off monthly. About 3% of
credit card accounts are past due by 30 days or more each month.
|
|
|
Spending
what you don’t have
- The most recent Federal Reserve study showed that 43% of U.S.
families spent more than they earned. On average, Americans spend
$1.22 for each dollar they earn.
|
| Sources: CardWeb.com and
MyVesta.org
FOR ADDITIONAL INFORMATION ON THE PROPERTY LISTED ABOVE OR
THE TIP PROVIDED
PLEASE FEEL FREE TO EMAIL CHRISSY@CASTLESBYCHRISSY.COM
OR CALL ME AT 404.925.5335
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