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Credit card balances jump 8.5% year over year — delinquencies rise

“Paying it down needs to be a household priority.” With an average annual percentage rate of 20%, if you made minimum payments toward the average credit card balance, which currently...

Average credit card balances top $6,000, a 10-year high

At more than 20%, if you made minimum payments toward this average credit card balance, it would take you more than 17 years to pay off the debt and cost you more than $9,063 in interest...

Average American Credit Card Debt by State—Alaska Tops the List

Select reviews the average credit card balance in every state from the 2019 Experian Consumer Credit Review. Do you have a balance on your credit card? We've also got some advice on how to get out...

2024 Credit Card Debt Statistics

Americans’ total credit card balance is $1.142 trillion in the second quarter of 2024, according to the latest data from the Federal Reserve Bank of New York.

Average Credit Card Debt In The U.S.

American credit card balances rose to $986 billion in the last quarter of 2022. Here’s a look at credit debt in the U.S. and how to start paying your balance down.

Average consumer carries $5,947 in credit card debt — a 10-year high

At nearly 20%, if you made minimum payments toward this average credit card balance, it would take you more than 17 years to pay off the debt and cost you more than $8,366 in interest...

Credit card balances jump 10% to a record $6,360 as delinquencies rise

At more than 20%, if you made minimum payments toward the average credit card balance, it would take you more than 17 years to pay off the debt and cost you more than $9,000 in interest...

The average credit card balance is more than $6,000 — here’s how to pay yours off

The average credit card balance in the US is 15% higher than this time last year. Here's how you can bring yours down.

United States Debt Balance Credit Cards

Debt Balance Credit Cards in the United States increased to 1.14 Trillion USD in the second quarter of 2024 from 1.12 Trillion USD in the first quarter of 2024. This page includes a chart with hist...

What Is An Outstanding Balance On A Credit Card?

The credit card terms “outstanding balance” and “statement balance” are often used interchangeably, but they're not actually the same.

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