Do You Live in a High-Debt City?

New survey data shows that geography can be a liability when it comes to spending

September 8, 2010 RSS Feed Print
  • Comment (9)

Phoenix

Atlanta

Portland, OR

Baltimore

Washington, DC

Houston

Philadelphia

Tags:
Baltimore,
Seattle,
Atlanta,
Denver,
debt,
Washington, DC,
Philadelphia

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The "Median" is more meaningful than the mean. I wish all economic reporters - particularly those dealing with personal finance - would pressure their sources to provide the mean measure of what ever statistic they intend to write about. The mean amount or case is far more useful to readers who are most interested in how they are doing compared to others. You well know how an erratic concentration of high values can distort the meaningfulness of the "mean". Realizing that mean determination requires raw data access - something reporters seldom get - it is now a trivial effort for those who have it. I wish "average" was universally considered to be the median; but until it is, please ask for it and use it whenever available. Part of your job is to enlighten.

Scott Hovey of CA 5:33PM October 28, 2011

20 seconds to load a page, and then it can just freeze. I'm on this wonderful Marriott computer,and your pages take 20 seconds per page to load. That's insane, and definitely something your programmers should look into controlling better (how your pics and crap interact with other systems). I defiitely will not be looking to come back to your site!!!

John of KY 7:33AM October 06, 2010

Settlement is not paying the debt in full so there's no way that it will be reported as paid in full. Banks will report the account as SETTLED in full which by the way will stay in your CBR for 5 to 7 years. It's better to go to credit counselling agencies because they offer service for free than go to debt settlement companies that will ask you to pay fees and will age your account until they get a better deal from banks. Honestly, they don't care about your credit report.

Phem 9:05PM October 05, 2010

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