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Men, Divorcees Owe More Money
Credit Bureau Singapore found in a survey that men and divorcees are likely to owe more money on their credit cards, which typically charge an exorbitant 24% pa interest.
On average, men owe $216 in overdue credit card balance. The figure is $91 for women. 39% of men roll over their balances, while a slightly lower 36% of women do likewise. Divorcees fare worse. 43% of them roll over their balances. They are also more likely to miss the credit card payments. So, if you're male and separated from your spouse, watch out! http://www.salary.sg/2008/men-divorcees-owe-more-money/ |
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