Five eye-opening Credit Card statistics

by Latoya Irby | | Articles

  • Total number of credit card transactions in the U.S. in 2012: 26.2 billion

  • Total U.S. outstanding consumer debt: $3.18 trillion as of April 2014

  • Average APR on credit card with a balance on it: 13.14 in Feb. 2014

  • Average debt per credit card that usually carries a balance: $8,220.44

  • Total U.S. outstanding consumer debt: $3.18 trillion as of April 2014

Sources

http://www.statisticbrain.com/credit-card-ownership-statistics

http://www.nerdwallet.com/blog/credit-card-data/credit-card-transaction-volume-statistics

An interesting chart showing the annual spend per card type.

5 eye-opening Credit Card statistics




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