White, Black colored, and you can Latina family revolved balances on the handmade cards at the approximately comparable rates. (Find Desk 2) Additionally, if you find yourself Black colored and you may Latina revolvers owed somewhat below white revolvers, they certainly were very likely to lack adequate assets so you're able to readily shell out away from what they due.
Consumers' revolving bank card balances 16 accounted for approximately 15 per cent of all of the non-home loan consumer debt however, taken into account the greatest show out-of non-home loan focus and you may costs paid down. That...