Credit Card Debt Statistics - an interesting analysis

Some credit card debt statistics will help you develop your own situation in the context of what is going on in greater America.

For example, did you know that not even mortgages, consumer indebtedness reached $ 2.46 trillion in 2007? The $ 904 billion in revolving (credit card type belong) debt.

The median income for a fee based card was $ 2200th This means that half of the households had a net more and half less. However, the average household Consumer indebtedness reached 5% of their annual income!

But not everyone is drowning in bills. Twenty-five percent of households have no credit cards, and another thirty percent are paying off its revolving credit facility fully per month.

But the average American consumer has 13 revolving credit facility, including credit cards, gas, loading cargo and student loans.

One statistic that will not surprise you is that people who are 50 percent or more of the permissible use of their> Loans have lower credit scores than those who do not - 645 against 674 in total.

Something here is that less than half of consumers have already been more than 30 days late on a debt is paid.

And should people who are on the debt was. In the last five years has received the number of people, the points or rewards for using their credit cards rose by 23 percent.

Nevertheless, a ten consumers in 10 or more cards are in theirWallets.

The top-label credit card are:

Visa (54%)

"MasterCard (29%)

American Express (13%)

"Discover (4%)

Of all the banks, Bank of America issues of most credit cards. Then comes JPMorgan Chase, followed by Citigroup. The average interest rate on a credit card is 13.4 percent.

And that is your credit card debt statistics for today.