SettlementMax - Financial Freedom» Quick Facts Archives – settlementmax http://settlementmax.com/blog Mon, 01 Mar 2010 15:54:38 +0000 en hourly 1 http://wordpress.org/?v=3.0 Americans charged $51 billion worth of fast food last year http://settlementmax.com/blog/americans-charged-51-billion-worth-of-fast-food-last-year/ http://settlementmax.com/blog/americans-charged-51-billion-worth-of-fast-food-last-year/#comments Mon, 23 Nov 2009 21:13:16 +0000 Power User http://settlementmax.com/blog/?p=546 http://settlementmax.com/blog/americans-charged-51-billion-worth-of-fast-food-last-year/feed/ 0 about 1/3 of the people filing for bankruptcy owe an entire year’s salary on their credit cards. http://settlementmax.com/blog/13-people-filing-bankruptcy-owe-entire-year%e2%80%99s-salary-credit-cards/ http://settlementmax.com/blog/13-people-filing-bankruptcy-owe-entire-year%e2%80%99s-salary-credit-cards/#comments Mon, 23 Nov 2009 21:08:33 +0000 Power User http://settlementmax.com/blog/?p=541 http://settlementmax.com/blog/13-people-filing-bankruptcy-owe-entire-year%e2%80%99s-salary-credit-cards/feed/ 1 It took Montreal 30 years to pay off its Olympic debt of $2 billion, held in 1976! http://settlementmax.com/blog/montreal-30-years-pay-off-olympic-debt-2-billion-held-1976/ http://settlementmax.com/blog/montreal-30-years-pay-off-olympic-debt-2-billion-held-1976/#comments Fri, 20 Nov 2009 15:09:02 +0000 Power User http://settlementmax.com/blog/?p=534 http://settlementmax.com/blog/montreal-30-years-pay-off-olympic-debt-2-billion-held-1976/feed/ 0 At least one in 10 consumers has more than 10 credit cards in their wallets. That is equal to 304 tons of plastic or 61 Elephants! http://settlementmax.com/blog/one-10-consumers-more-10-credit-cards-wallets-equal-304-tons-plastic-61-elephants/ http://settlementmax.com/blog/one-10-consumers-more-10-credit-cards-wallets-equal-304-tons-plastic-61-elephants/#comments Fri, 20 Nov 2009 15:07:11 +0000 Power User http://settlementmax.com/blog/?p=530 http://settlementmax.com/blog/one-10-consumers-more-10-credit-cards-wallets-equal-304-tons-plastic-61-elephants/feed/ 0 Americans make over $1.5 trillion dollars worth of credit card purchases annually http://settlementmax.com/blog/americans-make-over-1-5-trillion-dollars-worth-of-credit-card-purchases-annually/ http://settlementmax.com/blog/americans-make-over-1-5-trillion-dollars-worth-of-credit-card-purchases-annually/#comments Tue, 17 Nov 2009 16:19:48 +0000 Power User http://settlementmax.com/blog/?p=381 http://settlementmax.com/blog/americans-make-over-1-5-trillion-dollars-worth-of-credit-card-purchases-annually/feed/ 0 Most Americans are not saving nearly enough to fund their retirement http://settlementmax.com/blog/americans-not-saving-fund-retirement/ http://settlementmax.com/blog/americans-not-saving-fund-retirement/#comments Tue, 17 Nov 2009 17:22:46 +0000 Power User http://settlementmax.com/blog/?p=447 http://settlementmax.com/blog/americans-not-saving-fund-retirement/feed/ 0 U.S. personal savings rate has dropped nearly 8.5% in the early 1980’s to less than zero today http://settlementmax.com/blog/u-s-personal-savings-rate-dropped-8-5-early-1980%e2%80%99s-today/ http://settlementmax.com/blog/u-s-personal-savings-rate-dropped-8-5-early-1980%e2%80%99s-today/#comments Tue, 17 Nov 2009 17:19:59 +0000 Power User http://settlementmax.com/blog/?p=444 http://settlementmax.com/blog/u-s-personal-savings-rate-dropped-8-5-early-1980%e2%80%99s-today/feed/ 0 The American people owe approximately $6.7 Trillion Dollars in household debt http://settlementmax.com/blog/american-people-owe-approximately-6-7-trillion-dollars-household-debt/ http://settlementmax.com/blog/american-people-owe-approximately-6-7-trillion-dollars-household-debt/#comments Tue, 17 Nov 2009 17:15:34 +0000 Power User http://settlementmax.com/blog/?p=440 http://settlementmax.com/blog/american-people-owe-approximately-6-7-trillion-dollars-household-debt/feed/ 0 There’s No Maximum Interest Rate. CC companies state in card holder agreements that they can change your rate without notice http://settlementmax.com/blog/theres-maximum-interest-rate-cc-companies-state-card-holder-agreements-change-rate-notice/ http://settlementmax.com/blog/theres-maximum-interest-rate-cc-companies-state-card-holder-agreements-change-rate-notice/#comments Tue, 17 Nov 2009 17:12:13 +0000 Power User http://settlementmax.com/blog/?p=436 http://settlementmax.com/blog/theres-maximum-interest-rate-cc-companies-state-card-holder-agreements-change-rate-notice/feed/ 0 The average person seeking a credit counselor carries a balance on two credit cards http://settlementmax.com/blog/average-person-seeking-credit-counselor-carries-balance-two-credit-cards/ http://settlementmax.com/blog/average-person-seeking-credit-counselor-carries-balance-two-credit-cards/#comments Tue, 17 Nov 2009 17:08:45 +0000 Power User http://settlementmax.com/blog/?p=432 http://settlementmax.com/blog/average-person-seeking-credit-counselor-carries-balance-two-credit-cards/feed/ 0 Credit card companies earned $55.2B in fees in 2006, up from $54.8B the year before (according to R.K. Hammer) http://settlementmax.com/blog/credit-card-companies-earned-55-2b-in-fees-2006-54-8b-year-before-according-r-k-hammer/ http://settlementmax.com/blog/credit-card-companies-earned-55-2b-in-fees-2006-54-8b-year-before-according-r-k-hammer/#comments Tue, 17 Nov 2009 17:06:03 +0000 Power User http://settlementmax.com/blog/?p=428 http://settlementmax.com/blog/credit-card-companies-earned-55-2b-in-fees-2006-54-8b-year-before-according-r-k-hammer/feed/ 0 Very Few Pay Their Cards Off. There are 35 million Americans who only pay the minimum payment on their credit cards http://settlementmax.com/blog/few-pay-cards-35-million-americans-minimum-payment-credit-cards/ http://settlementmax.com/blog/few-pay-cards-35-million-americans-minimum-payment-credit-cards/#comments Tue, 17 Nov 2009 16:58:14 +0000 Power User http://settlementmax.com/blog/?p=423 http://settlementmax.com/blog/few-pay-cards-35-million-americans-minimum-payment-credit-cards/feed/ 0 The average rate for standard bank credit cards is around 19% http://settlementmax.com/blog/average-rate-standard-bank-credit-cards-19/ http://settlementmax.com/blog/average-rate-standard-bank-credit-cards-19/#comments Tue, 17 Nov 2009 16:54:20 +0000 Power User http://settlementmax.com/blog/?p=418 http://settlementmax.com/blog/average-rate-standard-bank-credit-cards-19/feed/ 0 Interest rates on department store cards can be as staggering as 33% http://settlementmax.com/blog/interest-rates-on-department-store-cards-staggering-33/ http://settlementmax.com/blog/interest-rates-on-department-store-cards-staggering-33/#comments Tue, 17 Nov 2009 16:51:15 +0000 Power User http://settlementmax.com/blog/?p=415 http://settlementmax.com/blog/interest-rates-on-department-store-cards-staggering-33/feed/ 0 84% of college students have credit cards http://settlementmax.com/blog/84-college-students-credit-cards/ http://settlementmax.com/blog/84-college-students-credit-cards/#comments Tue, 17 Nov 2009 16:45:25 +0000 Power User http://settlementmax.com/blog/?p=411 http://settlementmax.com/blog/84-college-students-credit-cards/feed/ 0 Over 173 Million Americans own at least one credit card http://settlementmax.com/blog/173-million-americans-own-credit-card/ http://settlementmax.com/blog/173-million-americans-own-credit-card/#comments Tue, 17 Nov 2009 16:42:13 +0000 Power User http://settlementmax.com/blog/?p=408 http://settlementmax.com/blog/173-million-americans-own-credit-card/feed/ 0 Target is in the top 10 issuers of credit cards http://settlementmax.com/blog/target-10-issuers-credit-cards/ http://settlementmax.com/blog/target-10-issuers-credit-cards/#comments Tue, 17 Nov 2009 16:39:54 +0000 Power User http://settlementmax.com/blog/?p=404 http://settlementmax.com/blog/target-10-issuers-credit-cards/feed/ 0 The first payment-based debt for the average American gets incurred while still in high school http://settlementmax.com/blog/payment-based-debt-average-american-incurred-high-school/ http://settlementmax.com/blog/payment-based-debt-average-american-incurred-high-school/#comments Tue, 17 Nov 2009 16:37:43 +0000 Power User http://settlementmax.com/blog/?p=401 http://settlementmax.com/blog/payment-based-debt-average-american-incurred-high-school/feed/ 0 The average american has between $30,000 and $40,000 in outstanding credit card debt. How about you? http://settlementmax.com/blog/average-american-between-30000-40000-outstanding-credit-card-debt-about/ http://settlementmax.com/blog/average-american-between-30000-40000-outstanding-credit-card-debt-about/#comments Tue, 17 Nov 2009 16:34:09 +0000 Power User http://settlementmax.com/blog/?p=396 http://settlementmax.com/blog/average-american-between-30000-40000-outstanding-credit-card-debt-about/feed/ 0 Almost 1 in every 100 households in the US will claim bankruptcy http://settlementmax.com/blog/1-100-households-us-claim-bankruptcy/ http://settlementmax.com/blog/1-100-households-us-claim-bankruptcy/#comments Tue, 17 Nov 2009 16:28:41 +0000 Power User http://settlementmax.com/blog/?p=391 http://settlementmax.com/blog/1-100-households-us-claim-bankruptcy/feed/ 0 Typical credit card purchases is 112% higher than if using cash http://settlementmax.com/blog/typical-credit-card-purchases-112-higher-cash/ http://settlementmax.com/blog/typical-credit-card-purchases-112-higher-cash/#comments Tue, 17 Nov 2009 16:26:39 +0000 Power User http://settlementmax.com/blog/?p=388 http://settlementmax.com/blog/typical-credit-card-purchases-112-higher-cash/feed/ 0 The average US household pays $950 in interest each year http://settlementmax.com/blog/average-us-household-pays-950-interest-each-year/ http://settlementmax.com/blog/average-us-household-pays-950-interest-each-year/#comments Tue, 17 Nov 2009 16:23:06 +0000 Power User http://settlementmax.com/blog/?p=385 http://settlementmax.com/blog/average-us-household-pays-950-interest-each-year/feed/ 0 Over 40% of US families spend more than they earn http://settlementmax.com/blog/40-us-families-spend-more-earn/ http://settlementmax.com/blog/40-us-families-spend-more-earn/#comments Tue, 17 Nov 2009 16:15:54 +0000 Power User http://settlementmax.com/blog/?p=376 http://settlementmax.com/blog/40-us-families-spend-more-earn/feed/ 0 The average American has been $35k to $45k in credit card debt, how about you? http://settlementmax.com/blog/average-american-35k-45k-credit-card-debt-about/ http://settlementmax.com/blog/average-american-35k-45k-credit-card-debt-about/#comments Tue, 17 Nov 2009 16:09:28 +0000 Power User http://settlementmax.com/blog/?p=371 http://settlementmax.com/blog/average-american-35k-45k-credit-card-debt-about/feed/ 0 Understanding your finances is the first step you need to take to become financially independent http://settlementmax.com/blog/understanding-finances-first-step-become-financially-independant/ http://settlementmax.com/blog/understanding-finances-first-step-become-financially-independant/#comments Wed, 28 Oct 2009 18:31:58 +0000 Power User http://settlementmax.com/blog/?p=8 http://settlementmax.com/blog/understanding-finances-first-step-become-financially-independant/feed/ 0