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.
Then you can sit down with your loan officer and review the rate versus-fee alternatives. You will also see that every program offers lock periods of 15, 30, or 45 days and say you have a 45-day escrow. That means you can lock in immediately and ensure your rate so long as you close within that 45-day period. You could wait 15 days and lock for 30 days at a slightly cheaper price, but you take the risk that the good rate you got 15 days before may not be available. Interest rates can change a lot in 15 days.