“Average individual credit card debt (in the U. S.) stands at $5,331 in 2019. Additionally, on a monthly basis, most Americans don’t pay their credit card balance in full every month – 55% don’t regularly pay in full.”
- 83% of U.S. adults own at least one piece of plastic.
- On average, U.S. consumers own three credit cards.
- Total revolving debt stands at $1.04 trillion – that’s up from $857 billion in 2013.
- The average interest Americans pay on their cards stands at 16.46%.
Source: TheStreet.com