How often do you have to use your CREDIT card to purchase at a shop or over the internet?
The average consumer has 7 open credit card accounts
About half of all consumers carry a balance of $1000 or less on their credit cards.
About 10 percent of consumers habitually carry balances of more than $10,000 on their credit cards
The total credit limit on all credit cards held by the average consumer is $12,000
About half of all consumers use less than 30% of their credit card limits
Those aged 70 or older use credit cards the least, around 13%
Dept Situation
The average American spends 26% of their income on monthly debt (excluding mortgage/rent)
Dept Situation
The average American spends 26% of their income on monthly debt (excluding mortgage/rent)
Those aged 50 to 59 have the highest amount of debt, around $21,000, not including mortgages
About 30 percent of consumers owe more than $30,000 in debt
54% have less than $5,000 in debt (excluding mortgage loans)
The credit card dept is so alarming it can draw your life out of you and make you a slave unto debt without you knowing. Spend wisely!!
54% have less than $5,000 in debt (excluding mortgage loans)
The credit card dept is so alarming it can draw your life out of you and make you a slave unto debt without you knowing. Spend wisely!!
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