Here's the Average American Household's Credit Card Debt -- How Do You Compare?
U.S. consumers owe a total of $905 billion on their credit cards, according to recent analysis by personal finance website NerdWallet. This translates to $7,136 per household, a 2.8% increase over a year ago. However, not all households have credit card debt, so this doesn't tell the full story. On average, households that carry credit card debt owe more than twice this amount.
Here's a breakdown of the numbers, credit card debt trends in the United States, and what you can do if you need to get your debt under control.
Image source: Getty Images.
Source: Fool.com
