this post was submitted on 08 Aug 2024
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A Boring Dystopia

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[โ€“] [email protected] 56 points 3 months ago (4 children)

Averages really obfuscate the story here. A ~$6300 average could mean 6 people carrying $6300 balances or five carrying no balance and one dude carrying $30k+. I'd love to see the distribution here because leaning on credit for necessities is what people do when they're falling out of the middle class.

[โ€“] [email protected] 18 points 3 months ago

Credit card debt Georg has over 10 million dollars in credit card debt and is an outlier and should not have been counted.

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