Saturday, January 23, 2010

U.S. Credit Card Debt Approaching Trillion Dollars

Some quick facts about the U.S. debtor, hit the graphic for more:

In 1968, total U.S. consumer credit card debt was less than $8 billion. Today, it's $972 billion.

The average American with a credit file owes more than $16,000 to creditors excluding mortgages.

14% of Americans have more than 10 credit cards.

51% of the population has at least 2 credit cards.

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