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How many credit cards does the average household have?
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.
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.
Can you get a loan with 683 credit score?
Of course. That's about the average American credit score.
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 the average interest rates on a American express credit card?
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!
How many credit cards does the average household have?
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.
How many credit cards should the average household have?
one - three. if you have more your crazy
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.
Can you get a loan with 683 credit score?
Of course. That's about the average American credit score.
What is the average household debt level in US?
According to this page average credit card debt is more than $4,000 per person and almost $8,000 per household. http://www.indexcreditcards.com/creditcarddebt/
What has the author B E Van der Walt written?
B. E. Van der Walt has written: 'The compilation and importance of household debt in South Africa' -- subject(s): Statistics, Consumer credit, Household surveys
What are the average statistics of credit cards?
According to the CreditCards website, as of 2008 there were 176 million credit card holders. The majority of credit card holders have 3 or more credit cards, and over 40% of students have a credit card.
What is Household Bank?
Household bank is a lending company. They issue credit cards and prepaid debit cards for people with bad credit or no credit.
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 the average interest rates on a American express credit card?
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!
For a person of average credit would American Express have a lower interest rate than other credit cards?
Yes, they will have a lower interest rate for someone of average credit. Most cards have around 2.5% interest while American Express has 1.9%.
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.
