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.
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I would say the average household has 4 credit cards? One for the mom, one for the dad, and a business credit card for each.That is wrong the average household has eight credit cards, and owes more than 8,000 on them. About 50 percent report having problems making the minimum payments on their bill.
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.
Of course. That's about the average American credit score.
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--
The average interest rate for American Express credit cards is 14.83%. Interest rates can vary from person to person based on their credit rating. Sometimes American Express even runs promotions where they have zero interest for a full year!