Are You a Typical American Card Holder?

Americans thrive on credit. It’s estimated that each American credit card holder has three bank cards, two debit cards, and four retailer cards at any given time. That’s a lot of plastic! And Americans are relying on their credit cards more heavily than ever before.

If you’re a cardholder in America, you might have wondered how your situation compares to the national average. How much debt does the average card holder carry? How much do they pay off each month? What is an average credit card interest rate?

With some facts and figures from Citigroup Inc and the Federal Reserve, you can see just how your debt compares. You might be a typical American cardholder if…

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