Credit Card Statistics

1234 5578 9 06/12 1234 CARDHOLDER NAME 1234 5678 9012 345 06/12 CARDHOLDER NAME CREDIT CARD STATISTICS 1234 5 Avg.Credit Cards Held Four or more Cards o 3.47 Rejected for new cards 20% People with At Least One Credit Card 7% 72% 68% 70 21% College Freshmen with at Least one Credit Card College Seniors with at Least one credit Card Average Debt per Adult $8,220 Average APR 13.11% Average debt per card $4,878 Average FICO Score Average Number of Cards 646 3.7 Students that knew score Students with 15% "Very Good' Score 9% Basics Low/Middle-Income Homes 80% 100% 70% 68% 90% 86% 80% 60% 55% 71% 70% 50% 39% 60% 40% 33% S0% 30% 40% 20% 30% 27% 20% 10% 20% 10% 0% Americans who Students who Homes which had a zero Which had a balance. Incurred card Have college related expenses. had carry debt from month to month Say they'd ask friends and family but do have before using credit card or lender. Have no card balance in credit debt due to debt, unemployment expenses 2011-2012 cards. school year. college debt Identity Theft 80% 70% 60% 56% 50% 40% 39% 30% 20% 15% 10% 0% People in the Us have All complaints been victims of Feared card Information being stolen. Concerned about are due to online banking and shopping. Identity Theft Identity theft. Sources: http://www.credtcards.com/credit-card-news/credit-card-Industry-facts-personal-debt-statistics-1276.php http://www.federalreserve.gov/releases/g19/Current/g19.pdf http://www.creditcards.com/credit-card-news/average-credit_card_debt-1276.php http://www.nfcc.org/newsroom/FinancialLiteracy/files2012/FLS2012FINALREPORTO402late.pdf http://www.forbes.com/sites/davidthier/2012/02/24/study-1-in-20-americans-have-been-victims-of-ldentity-theft/ (Landmark Cash