Consumer Debt Drops to 2004 and Earlier Levels

From How to Get Out of Debt With Steve Rhode the Get Out of Debt Guy Federal Reserve numbers released on September 8, 2011 show that the amount of revolving consumer debt outstanding dropped in the last reported period, July. Revolving debt fell to $792.5 billion which is the lowest level since August 2004. This data represents a lower per capita indebtedness since the U.S. population has grown...