Since 1970, consumer debt has increased by more than 1,808 percent, with revolving debt going up more than 18,000 percent.

Yes it's shocking, but here's how the numbers break down.

In 1970, the US population was about 203 million. According to the Board of Governors of the Federal Reserve System's statistics, total consumer debt was $132 billion with just over $5 billion in revolving debt.