Credit card debt rises faster for seniors

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Reference no: EM131820776

The following quote is from the article "Credit Card Debt Rises Faster for Seniors" (USA Today, July 28, 2009): The study, which will be released today by Demos, a liberal public policy group, shows that low- and middle-income consumers 65 and older carried $10,235 in average credit card debt last year. What additional information would you want in order to evaluate the accuracy of this estimate? Explain.

Reference no: EM131820776

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