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Education Is A SCAM w/ Zuby | PBD Podcast | Ep. 176
PBD Podcast
How Much Total Credit Card Debt Is Out There?
Right now, if credit card debt for the individual goes up another 17 to 20%, you're gonna start to see delinquency because it's at the max point that they've been looking on the ability to make more payments. I would wanna know how much, you know how you have a $10,000 credit card limit but you're at $7,500? But maybe you can make the payment just fine. Of that $16 trillion to Tom's point, 10 of it is mortgages. So do some basic math, what's 10 out of 16? What is that? You're gonna have to do 16%.
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