US Household Debt

US household debt is up to $13 trillion.

http://time.com/money/5233033/average-debt-every-age/

25% of US households report being “debt free”, up from 14% 2 years ago.

https://www.cnbc.com/2017/01/11/more-americans-are-debt-free-for-now.html

35% of US credit card users pay off the full balance each month and incur no interest charges.

http://time.com/money/4213757/average-american-credit-card-debt/

US household loan balances include $1.38 trillion in Student Loans, $1.22 trillion in auto loans, $.83 trillion in credit card balances and $.39 trillion in other loans.

http://www.cardrates.com/advice/credit-card-debt-statistics/

The US National Debt is approaching $175,000 per taxpayer. There are 121,413,738 US taxpayers supporting a population of 327,727,393.

http://www.usdebtclock.org/

US household mortgage debt balances are at $8.8 trillion.

https://www.marketplace.org/2018/02/13/economy/divided-decade/fed-uneven-housing-recovery-great-recession

Norb Leahy, Dunwoody GA Tea Party Leader