People seeking budget and debt counseling in August had an average annual household income of $49,308, an amount far above historic levels for people seeking this service, reports Consumer Credit Counseling Service (CCCS) of Greater Atlanta.
The income data is based on counseling sessions with 5,549 individuals in August who reported an average monthly income of $4,109, which is nearly 18% higher than the monthly income of people who sought credit counseling in August 2007. One year ago, people receiving the same kind of counseling had monthly incomes of $3,492.
