Friday, June 19, 2009

America's Biggest Personal Debt Items

At Cnbc.com, in ascending order: Payday loans, small business loans, farm loans, car loans, tax debt (unpaid taxes), home equity lines of credit, and of course student loans (now at $583 billion).

Update :Good point! Medical debt, which is huge, is not included on this list b/c it's "not reliably tracked."

3 comments:

Lauren said...

As one of the chronically un- or under-insured, I'm somewhat surprised not to see "unpaid medical bills" on there.

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KristinPolet said...

We see debt related question activity increasing not flattening out or declining. More consolidation means more debt.

K
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