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A comment on Why Don't People Manage Debt Better?. Parent comment

Re:Why Don't People Manage Debt Better? by zrail on Friday February 19, 2016 @11:05AM (#11134290)
> The page you linked to shows that even the events of 2008-2009 didn't set people back from expanding their personal debt, which is surprising to me.

The page I linked, under the heading "Transactors versus revolvers," presents a chart that shows the percentage of households with revolving debt declining from 44% in 2009 to 34% in 2014. A 22% decrease over five years is rather significant, no?

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Re:Why Don't People Manage Debt Better? by crystalmeph on Friday February 19, 2016 @12:17PM (#11134796)
Interesting. I was looking at the total debt, the first graph in the article. So fewer people carry month-to-month, but the total dollar amount of revolving debt is still going up. It is good that fewer people carry it, but it still looks like a significant portion of the population is increasing their debt level.
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