Statistics

US Credit Card Debt Statistics & Data – Updated 2020

Since the Diner’s Club card first became available in 1950, Americans have been enamored by the concept of the credit card. Additional creditors like American Express followed suit soon after, kickstarting American’s love affair with credit. While credit cards are convenient, and provide consumers with additional purchasing power, it’s easy for things to go south …

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US Bankruptcy Statistics & Data – Updated 2020

If you’re dealing with financial struggles that have you considering bankruptcy, it’s common to feel like you’re alone in the world. But, hundreds of thousands of Americans declare bankruptcy each year. While many people tend to look at bankruptcy as the result of reckless spending and poor financial management, bankruptcy statistics show that most filings …

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Microfinance, Microlending and Microcredit Statistics – Updated 2020

While it’s a relatively new financial concept, the concept of microfinance is an incredibly powerful one. Microloans and other forms of microfinance may have the power to reduce global poverty while providing much-needed financial services to a sector of people that are most commonly underserved by traditional financial products. Not to be confused with predatory …

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