{"id":29,"date":"2010-03-19T11:38:24","date_gmt":"2010-03-19T18:38:24","guid":{"rendered":"https:\/\/reframemarketing.com\/blog\/?p=29"},"modified":"2010-03-29T22:41:21","modified_gmt":"2010-03-30T05:41:21","slug":"top-20-worst-cities-for-credit-card-debt-in-the-united-states","status":"publish","type":"post","link":"https:\/\/reframemarketing.com\/blog\/2010\/03\/19\/top-20-worst-cities-for-credit-card-debt-in-the-united-states\/","title":{"rendered":"Top 20 Worst Cities for Credit Card Debt in the United States"},"content":{"rendered":"<p><strong>With the recession forcing more and more Americans to  burden  their credit cards with debt, it&#8217;s time to ask whether the  increasing  accrued costs are manageable, or are detrimentally impacting  lives. <\/strong><\/p>\n<p>Unless you&#8217;ve had your head in the sand for a few  years, you know  times are hard. For those old enough to remember they  aren&#8217;t <a title=\"Great  Depression\" href=\"http:\/\/en.wikipedia.org\/wiki\/Great_depression\">Great Depression<\/a> hard, but for most of us,  poor  economy, lack of opportunities and a loss of jobs equal a rolling   snowball which carries with it exceeding pressure to find money we don&#8217;t   have, and in turn means we turn to the plastic more than we would  like.<\/p>\n<p>And the numbers don&#8217;t lie. In the last decade, 22 million more   Americans have got their hands on a credit card, bringing the figure to   181 million, up from 159 million in 2000. This doesn&#8217;t tell the whole   story, as around half of the cardholders have more than one credit card,   with 14 percent having up to ten credit cards, (yes you read that   correctly, ten!) meaning the total number of credit cards in circulation   in the U.S is estimated at around 1.5 billion. That means the  potential  for spending is gargantuan ($2.1 trillion in 2008 to be  precise, up  from 1.4 trillion in 2003) and in turn, the potential for  crippling debt  ($972 billion in 2008, up from less then $8 million in  1968).<\/p>\n<p>Alarmingly,  almost 15 percent of families have debt exceeding 40  percent of their  income.<\/p>\n<p>Read more here: <a href=\"http:\/\/www.usfst.com\/news\/Is-Credit-Card-debt-a-hindrance\/\">http:\/\/www.usfst.com\/news\/Is-Credit-Card-debt-a-hindrance\/<\/a><\/p>\n<p>Hmmm, I wonder what Canada looks like?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the recession forcing more and more Americans to burden their credit cards with debt, it&#8217;s time to ask whether the increasing accrued costs are manageable, or are detrimentally impacting lives. Unless you&#8217;ve had your head in the sand for a few years, you know times are hard. For those old enough to remember they [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[90,86,87,80,84,85,89,88,120,42,41,82,83,81,91,121],"class_list":["post-29","post","type-post","status-publish","format-standard","hentry","category-misc-marketing","tag-americans","tag-canada","tag-credit-card","tag-credit-card-debt","tag-families","tag-florida","tag-great-depression","tag-income","tag-marketing","tag-marketing-consultant","tag-recession","tag-top-20-worst-cities","tag-undergraduate","tag-united-states","tag-us","tag-vancouver"],"_links":{"self":[{"href":"https:\/\/reframemarketing.com\/blog\/wp-json\/wp\/v2\/posts\/29","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reframemarketing.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reframemarketing.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reframemarketing.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/reframemarketing.com\/blog\/wp-json\/wp\/v2\/comments?post=29"}],"version-history":[{"count":3,"href":"https:\/\/reframemarketing.com\/blog\/wp-json\/wp\/v2\/posts\/29\/revisions"}],"predecessor-version":[{"id":43,"href":"https:\/\/reframemarketing.com\/blog\/wp-json\/wp\/v2\/posts\/29\/revisions\/43"}],"wp:attachment":[{"href":"https:\/\/reframemarketing.com\/blog\/wp-json\/wp\/v2\/media?parent=29"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reframemarketing.com\/blog\/wp-json\/wp\/v2\/categories?post=29"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reframemarketing.com\/blog\/wp-json\/wp\/v2\/tags?post=29"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}