answersLogoWhite

0

What is the average credit card debt?

Updated: 9/13/2023
User Avatar

Wiki User

15y ago

Best Answer

In our area, I believe the average credit card debt to be about $2000.00 I know that sounds small, but we are a lot smarter than most Americans here. In our area, I believe the average credit card debt to be about $2000.00 I know that sounds small, but we are a lot smarter than most Americans here.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the average credit card debt?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is total credit card debt?

Total credit card debt currently amounts to about 962 billion dollars. The average credit card debt per owning household is 14,750 dollars. Approximately 609.8 million credit cards are currently in USA, with credit card users having an average of 3.5 cards each. Young people have credit card balance well below the average. While 25 to 34 years old manage to cut their credit card debt, they still average over $5,000 in credit card debt.


What is the average consumer credit card debt?

The average consumer credit card debt is $15216 in the US. The average household owes $7,098 from on their cards. In total the US is owed $11.19 trillion in debt.


What is the average American household credit debt statistics in 2013?

The average American started off 2013 with about $15,000 in credit card debt personally. This leads to well over $30,000 in credit card debt per household.


What is the average credit card debt in America?

Average credit card debt per household with credit card debt: $15,788*609.8 million credit cards held by U.S. consumers. (Source: "The Survey of Consumer Payment Choice," Federal Reserve Bank of Boston, January 2010) IT--


What are some guaranteed debt solutions?

Debt management and credit resources are great debt solutions. Cutting down on expenses and lowing your average credit card usage can help get you out of debt.


What are some credit card debt facts?

According to the ABC News website, some credit card debt facts include people owning 7 credit cards (3 of which are bank issued and 4 from stores), the average debt for someone with a credit card is around $9300 for someone middle class, and $8650 for lower middle income. Customers pay an average of 16% per month in late fees. Credit card debt in the United States is $665 million. The best way to not have the debt is pay off on time, or just don't get a credit card at all.


What is the difference between a debt card and a credit card?

The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.


Where can I get advice on credit card debt solutions?

I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?


Could You Get Garnished For A 1900 Credit Card Debt?

There were no credit cards in 1900, hence no credit card debt.


When are you in credit card debt?

A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.


Can they arrest you at the airport when leaving the US if you have a credit card debt?

No, there are no debtor prisons in the United States. Being in debt is not a crime. If all the consumers who had credit card debt were arrested, there would be nothing but prisons in America. The average American has approximately $8000 of credit card debt. This does not include those of us with defaulted or derogatory accounts.


Is an additional credit card holder liable for the whole debt on the credit card account?

ia an additional credit card holder liable for the whole debt of the credit card account