Alpha Consumer Quiz: Answers
1) How much credit card debt does the average consumer carry?
B) $1,700
According to TransUnion, average credit card debt per consumer rose 4.8 percent during the fourth quarter of 2007, bringing the total to $1,700.
2) Which state has the highest average credit card debt?
A) Alaska
TransUnion reports that Alaska consumers carry the largest state average, with $2,342 in credit card debt. (Tennessee is a close second with $2,046. The lowest average debt is in Iowa, with $1,272.)
3) What share of consumers reports spending $200 or more on gas for cars each month?
C) 35 percent
Discover's U.S. Spending Monitor surveyed consumers and reports that nearly 36 percent have to spend $200 or more a month to fill up their tanks. Last year, only 23 percent had to spend that much.
4) How much has the price of milk increased over the past year?
D) 14 percent
The Bureau of Labor Statistics reports a 14 percent increase since April 2007.
5) What about butter?
D) 9 percent
The Bureau of Labor Statistics also reports that prices of food eaten at home have climbed, including 9 percent for butter.
Reader Comments
CREDIT CARD IN ALASKA
WE HAVE CREDIT CARD FROM AK AIRLINES VISA BANK OF AMERICA AND THEY ARE THE HIGHEST RATE INTEREST FOR US AS WELL FOR ME AS A SENIOR I FEEL LIKE I NEVER PAY MY DEBT BECAUSE THEY ARE EATING MY MONEY WITH ALL THIS HIGH INTEREST, FINANCIAL CHARGES AND OTHERS. NOT MATTER IF I PAY EVERY MONTH RELIGIOS LIKE 250.00 FOR 5,000 THAT O OWENED THEY STILL BE NO FAIR BECAUSE THE GOVERMENT DOES NOT DO NOTHING TO FIX THIS PROBLEM FOR AMERICANS MEDIA CLASS.PLUS WHEN I CALL TO ASK WHY THEY HAVE THE BAD CUSTOMER SERVICES I EVERTO HAVE FOR HELP I REALLY REPENT IN THE YES OF GOD TO GOT THIS CREDIT CARD AND NOW I DON'T KNOW HOW TO GET OUT FROM BANK OF AMERICA.
JUST A COMMNET
THANK YOU
GRACE
Credit Cards
Congress is considering several bills to limit the reach of the credit card issuers. For good reason - when they can arbitrarily declare a client as "having credit problems", double the rate of interest, freeze further credit and damage the individuals credit abilities for years to come, something should be done!
Credit card companies try to wash their hands by saying the customers ruin their own credit. The companies issue cards to folks who shouldn't have them and have no credit history to support them and then cry to the government for sterner bankrutcy rules. And Bush caved in to give them the current rat maze of bankruptcy rules covering 3-5 years of modern day slavery to the interests of Wall Street!
Hospitao ratings
By miake, I threw out the last issue of US News. There was an article I wanted on US hospital ratings. I'm interested in the best hospital in Seattle, Washington. Can you help me?
hazelsgirl@msn.com
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