Search results
Results From The WOW.Com Content Network
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
Average Credit Card Debt up for Gen Z, Millennials and Gen X. Despite a brief spending decline during the pandemic, Generation X's average credit card balance has grown by close to 50% since 2012 ...
Total average debt: $125,047. Mortgage debt: $299,689. Automobile debt: $24,207. Credit card debt: $6,521. Personal loan debt: $16,669. “One key takeaway is that the total debt of the younger ...
Credit card debt is said [clarification needed] to be higher in industrialized countries. [10] The average U.S. college graduate begins his or her post-college days with more than $2,000 in credit card debt. [11] The median credit card debt in the U.S. is $3,000 and number of cards held is two. [12]
The average American with credit card debt owed $7,932 on their credit cards in 2023, according to New York Life’s latest Wealth Watch survey — a pretty significant increase from $6,321 the ...
Key takeaways from this report. 44% of credit cardholders say they carry card balances from month to month, according to Bankrate’s Chasing Rewards in Debt Survey. 36% of U.S. adults have more ...
Per that same report, Americans owe an average of $6,501 in credit card debt, with middle-aged consumers bearing the highest debt burden. The average credit card debt for Generation X (43-57 ...
However, Generation X has more credit card debt than other generations, and by a large margin. The average Gen X credit card balance of $9,123 exceeds the nationwide average of $6,501 by more than ...