Close look at consumer debt
We're getting a better idea of where many Las Vegans stand financially.
CreditKarma.com released its June 2012 Credit Climate Report, with trend data on credit card, student and mortgage debt along with credit score data.
One of the biggest findings is that consumers may be shifting from owning homes to renting. In June 2010, 38 percent of Credit Karma members nationally had mortgage debt compared to 27 percent in June 2012.
In June 2012, the average consumer in Las Vegas with an account had:
A credit score of 642 vs. 655 nationally.
$4,694 in credit card debt vs. $5,576 nationally,
$186,865 in home mortgage loans vs. $166,325 nationally.
$15,642 in auto loan debt vs. $15,818 nationally.
$27,408 in student loan debt vs. $29,390 nationally.