User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


67° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

More Americans Have Credit Card Debt

February 18, 2014, 11:29 AM

More Americans Have Credit Card Debt

Do you owe more money on your credit card than you have in your savings account? For a growing number of Americans, the answer is yes.

A new report from Bankrate.com says the number of people who have more money in their emergency savings has dropped to 51 percent. That’s the lowest level since it started keeping track in 2011.

The report also says 28 percent of Americans have more credit card debt than emergency savings and 17 percent have neither emergency savings nor credit card debt.

Four percent of people surveyed either didn't know or didn't answer.

The people most likely to owe more than they save are between the ages of 30 and 64.

Check out charts and read more from the report online.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch


Events