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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (21389)11/5/2004 3:33:26 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Revolving Credit
Look at the pattern in revolving vs non-revolving credit as well.
It seems to me that refis are used to pay back credit cards then the debt is racked right back up.
Is that what is happening?

federalreserve.gov



To: Ramsey Su who wrote (21389)11/5/2004 4:12:34 PM
From: Joe S Pack  Read Replies (1) | Respond to of 110194
 
Is there a link that shows how much US pays as interest for the current budget year? I need both the total dollar amount and as a percentage of total tax receipt. For the last few years too.

Thanks in advance,