• 11.24.10

Alaska Leading the Way in Credit Card Debt (And Other Interesting Consumer Facts)

Here’s a riddle for you: What do most adults have even though nobody wants it and Alaskans have 30% more than average Americans? Consumer debt has become a part of the American dream for most with over $2,400,000,000,000 (yes, that’s trillion) outstanding as of August, 2010.

This infographic by our friends at Credit Sesame puts it all into perspective for us, showing how much we owe, who we owe it to, and who owes the most. Three facts stood out as striking in this Infographic:

  • Alaska leads the way with around 30% more than the U.S. average.
  • Demographics show that 50-59 year-olds are the heaviest in debt.
  • Non-revolving debt is nearly double that of revolving debt (likely due to increased education expenses).

Very little of the information here paints a pretty picture.

Consumer Credit Inforgraphic

Click here to enlarge

About the author

JD is Founder of Dealer Authority. He lives in Southern California with his wonderful family and spends way too much time on social media.