The most outrageous debt repayment rate we’ve ever seen for the United States is $1,400 per month.
The average monthly payment for borrowers is $9,300, according to data from Bankrate.com.
The United States has one of the highest debt-to-income ratios of any major country, according a study from the Financial Times.
It’s even higher in the Northeast.
The debt-purchase ratio in the United Kingdom, the highest in the world, is less than half that of the United State.