When we began Seattle Bites Food Tours in 2008 we wanted to select those âhidden gemâ merchants who had outstanding food and who many visitors might not easily find among the crowds on a busy day at Pike Place Market.
The credit card companies have six years to collect a debt. The time starts when the credit cards make their last entry on your credit report. It is not your last payment as credit cards will continue to show late charges and interest penalties.
Average credit card debt is not a single number. Instead, you will get many different answers, depending on how you measure it. The average debt is: $1,128 per card that doesn't carry a balance (the amount is charged, but paid off monthly)2.