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Key credit card debt statistics. Average credit card balance in 2023: $6,501. Average credit utilization rate in 2023: 30% Average number of credit cards in 2021: 3.84
The average American had $6,501 in credit card debt in Q3 of 2023, based on The Motley Fool Ascent's analysis of data from sources like Experian, the Federal Reserve, TransUnion, and the U.S ...
Credit card debt statistics show that overall debt is rapidly increasing in the United States, rising by more than $45 billion in 2023. Average credit card debt is on the rise for Americans in ...
Credit card debt may be ... US credit card debt just hit a new record of $1.17 trillion — how can Americans dig their way out of this hole? ... Car insurance in America now costs a stunning ...
As of the end of 2023, Americans had racked up an all-time record of $1.13 trillion in credit card debt. Total debt levels reached $17.503 trillion, or $104,215 per household. Part of this was due ...
Infographic about credit card debt in the US (2010) Consumer and government debt as a % of GDP (United States) Consumer and government debt in the United States. Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the ...
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