Wallethub - Credit card debt is a key indicator of how healthy U.S. households are financially. The average credit card balance is $10,757 per household, which is $2,353 below the all-time record, according to WalletHub’s latest Credit Card Debt Study. All debt amounts on this page are adjusted for inflation, to allow for proper comparison against historical data.
Key Credit Card Debt Statistics
- Total Debt: $1.29 trillion
- Household Average: $10,757
- Household Record: $12,424 (Q4 2007)
- Average APR on Debt: 23.37%
- Delinquency Rate: 3.18% of accounts are 30+ days delinquent
- Charge-Off Rate: 4.48% of accounts are charged-off
- End-of-Year Projection: $100 billion increase in total debt
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