Friday , 29 March 2024

How Much Consumer Debt Is Too Much? (+2K Views)

How much consumer debt is too much? Today’s infographic uses extensive data from Equifax to try and answer this question.

The comments above and below are excerpts from an article by Jeff Desjardins (VisualCapitalist.com) which has been edited ([ ]) and abridged (…) to provide a fast & easy read.

We put consumer debt in a historical context, while providing an in-depth look at the latest numbers on different categories of debt such as student loans, credit cards, and mortgages to see how they compare.

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