20% Of People Have More Credit Debt Than Savings

posted by John Lund -

According to Bankrate one in five American has more Credit Card Debt than they do savings.
Sound scary?

20% of people have more credit debt than savings. Been there, awful.

12% of people have ZERO card debt. That's living the dream right there!

58% of us have more in savings than debt.

Read more at Marketwatch.com (pops)