Keep reading for the latest credit card debt statistics. How much credit card debt does the average American have? The average balance is $6,380 as of the third quarter of 2024, according to ...

Bill was laid off a year ago. He’s been looking for a job but, so far, hasn’t had much luck. Despite applying for hundreds of ...

Here's the average credit card debt broken down by generation ... 2019 Consumer Expenditure Surveys from the Bureau of Labor Statistics. You can read more about their methodology here.

Credit card debt is more common than mortgage debt ... followed by Colorado at $90,760. However, D.C.’s debt statistics may be skewed by its relatively small population size.

Before we dive into credit card payoff strategies, here’s a look at a few key statistics to help you see how your debt compares to others. 48% of credit cardholders have carried a balance at ...

SINGAPORE – The amount of credit card debt not paid by the due date hit ... and liabilities – is still growing. Department of Statistics data showed that household net worth hit $3.1 ...

Despite record-high annual percentage rates (APRs) for consumers, credit card debt grew at a slower rate in 2024 than it did ...

Millions of Americans are currently feeling the pressure caused by today's high-rate landscape, but credit card users, in particular, are at risk of serious debt-related issues right now.

According to AARP data, 52% of adults ages 50 to 64 have credit card debt, along with 42% of those ages 65 to 74. The survey covered 4,846 older adults who reported carrying credit card debt.

Credit card debt is common, but paying high interest rates on your balance can get expensive. According to the Fed, credit cards have an average APR of 16.28%, and your cards might have higher or ...

But while disputing a debt with a credit card debt collector is an important part of dealing with old debt that just won't go away, it's also a process filled with rules and deadlines — one that ...