Consumer Debt are debts that are owed as a result of purchasing goods that are consumable and/or do not appreciate. Check out infographic below:

The average age at which a U.S. consumer first adopted a credit card is 20.8 years. 84% of the student population overall have credit cards. Average Credit Card Consumer holds 4.4 Credit Cards, One in ten consumers has more than 10 credit cards. Most people actually use it on travel expenses, and surprisingly only 1 in 5 use them to pay for bills.

As we all suspected, the dawn of 2012 has seen a massive surge in conspiraloons wasting fresh air by expounding their bizarre theories across the Internet. They get better and better, and with the prospect of the end of the world approaching, it’s a veritable smorgasbord of lunacy out there right now. We love a good conspiracy theory and in our weaker moments do wonder if there is a grain  [ Read More ]

The China northeastern city of Harbin is known as a “City of Ice” and a cradle of the ice-and-snow culture in the world. The long and frigid winter, and the high plasticity and hardness of ice blocks quarried from the Songhua River, furnish favorable conditions for ice and snow sculpture.

In case you haven’t heard, the year 2012 has been predicted to be a game changing year for our planet. The Mayan calendar does not go past the year 2012, leading plenty of logical people to believe that the end of civilization is right around the corner. Although there will be some vindication for crazy folk who rant all day about the apocalypse, the vast majority of humans are generally  [ Read More ]