It fell more than 10% in each of the first three months of 2009. By April 2011, credit card debt had dropped to a low of $839.6 billion. That's an average of $7,055 of credit card debt per household.(Note: The per household estimate is based on 119 million households, or 308.7 million/2.59 persons per household.Source: U.S. Census, 2010 Data; Average Household Size).During the recession, banks cut back on consumer lending.hat's an average of $7,055 of credit card debt per household. (Note: The per household estimate is based on 119 million households, or 308.7 million/2.59 persons per household. Source: U.S. Census, 2010 Data; Average Household Size). During the recession, banks cut back on consumer lending.
Contact your attorney. Under Ohio's rules governing attorney conduct, your attorney must maintain a copy of the funds maintained on your behalf in trust (the escrow account) for a period of seven years. Request a copy of the account records and ask for the status of the payments made on your behalf.
In addition to your monthly payments on the loan, most lenders will require you to maintain an escrow, or impound, account for real estate taxes and insurance. Current law permits a lender to collect a cushion of up to 1/6th (2 months) of the estimated annual real estate taxes and insurance payments at closing.