Consumer debt in the U.S. is growing with the increased use of credit cards by more households and with more credit cards per household than in past years. In 1968, the total credit card debt in the U...
.S. was less than $8 billion, adjusted for inflation. By 2009, Americans had a total credit card debt of $972.73 billion. U.S. households who have credit cards have a rising debt level that is projected to continue rising over the next few years. In 1995, American households that had credit cards had an average credit card debt of $5,800. That rate has risen steadily, and in 2008, American credit cardholding households had $10,679 in credit card debt.
Never miss a thing with our weekly newsletter. We'll send you the latest and greatest infographics, news and all things Visually.
Go ahead, you can always opt out anytime with just one click.
Switch to Wordpress Code
Click below to copy
Get Notified of New Infographics
Thank you for subscribing to the Visually newsletter.
Just one last thing: we've sent you an email asking you to confirm your subscription.
Tell your story visually before December 31st and get a free iPad Air!*
The holidays are a great time to tell your brand story. From Black Friday trends and Mobile Shopping guides to the Best and Worst Times to Book Travel and Thanksgiving etiquette, the Visually team will help you craft your brand's unique stories and raise your social profile during the noisy holiday season.