Asheville has one of the worst credit card debt problems in the nation, according to a study by the credit reporting agency Equifax. The report ranks the Asheville metro area the sixth worst in the nation, with the average resident carrying 16.12 percent of their annual income in debt.
In the Asheville area, out a median annual income of $39,884, an average of $6,431 — 16.12 percent — was credit card debt, just behind El-Paso, Texas. A total of six North Carolina cities made the study's "top" 20, with Wilmington coming in as the worst in the nation.
— David Forbes, senior news reporter
In the Asheville area, out a median annual income of $39,884, an average of $6,431 — 16.12 percent — was credit card debt, just behind El-Paso, Texas. A total of six North Carolina cities made the study's "top" 20, with Wilmington coming in as the worst in the nation.
— David Forbes, senior news reporter
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That wouldn't have anything to do with the anemic pay scales here, would it? Naaaah. Didn't think so!
By Jim Donato
01/29/2011
well, its probably people like me who are carrying about `0 of their annual income in (student loan) debt that screw it up for the rest of you unedumacated slobs.
By shadmarsh
01/29/2011
that's supposed to be 600 percent. something's funky with your auto-coding.
By shadmarsh
01/29/2011
Obviously student loans can't buy a person any civility. I know some "unedumacated [sic] slobs" who have better manners and humility.
I did finish college, by the way.
By slycos
01/30/2011
We all are responsible for our own debt and our own burdens that arrive out of our lives and lifestyle. Don't blame others for your predicaments...just push on and accept what you have.
By Laraine
01/30/2011
I just wanna do my part to help shut the credit agencies down, to bring wall st. crumbling to force reform in the u.s.a. give me some more credit cards to max out. bet the ceo of visa don't come to my house to collect.
By damion
01/31/2011