Credit Card Debt Survey Interview with ABC News Radio
CreditCards.com Senior Industry Analyst Matt Schulz spoke on Monday, July 27, 2015, with Daria Albinger of ABC News Radio about the July 2015 Credit Card Debt survey. The interview and transcript are below.
Daria Albinger: Houston, you have a problem – with credit card debt. A survey by CreditCards.com says the metro area has one of the nation’s worst burdens, but two others in Texas beat it.
Matt Schulz: San Antonio has the highest credit card debt burden. The Dallas-Ft. Worth area has the second highest and Houston came in fifth.
Albinger: Senior Analyst Matt Schulz says it would take 16 months and more than $400 in interest for someone to pay off San Antonio’s average credit debt. The lowest balances were in Boston and San Francisco. Daria Albinger, ABC News.