What are some key personal debt statistics for the US? e.g level of consumer debt, personal bankruptcy rates?
I want to get statistics that confirm the extent of the consumer debt crisis in the US today.
I need to get statistics /quotes from respected sources like Washington Post, New York Times, Federal Reserve
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in





The latest statistics from the Federal Reserve indicate that the total amount of consumer debt outstanding remained fairly steady in 2010. The total amount of consumer debt in the United States stands at nearly $2.4 trillion. Based on the 2010 Census statistics, that works out to be nearly $7,800 in debt for every man, woman and child that lives here in the U.S.
spending on household goods and at restaurants, as consumers withstood fallout in financial markets from Europe's debt crisis. Sales gained 0.4 percent from a month earlier, when they rose 0.6 percent, the Bureau of Statistics said in Sydney today.
Both countries suffer from high debt: Consumer debt in the US, and corporate debt in Japan. And the aging populations in both countries mean fewer younger workers will have to support more retirees. •Japanese banks were slow to write down bad debt.