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The American Credit Card Craze

America's Credit Card Craze In 2006, the United States Census Bureau determined that there were nearly 15 billion credit cards in use in the U.S. A stack of all thosé credit cards would reach more than 70 miles into space -- and be almost as tall as 13 Mount Everests. 134 4568 8910 1202 2009 Credit Card Satisfaction Study Rankings (Published by JD Power & Associates) American Express Score: 762/1000 Discover Card Score: 751/1000 National City Score: 740/1000 Wells Fargo Score: 724/1000 Yearly average late payment fee income: $43 Billion Barclay Card Score: 717/1000 US Bank Score: 715/1000 Chase % of Consumers Who Own: Score: 708/1000 A Debit Card 80% Citi Score: 609/1000 A Credit Card 78% A Charge Card 17% 576.4 million 507 million total credit cards in U.S. total debit cards in U.S. Average credit card debt per household with credit card debt: as of year end 2009 as of year end 2009 $16,007 America's revolving debt is $864.4 Billion. The average cardholder has 3.5 credit cards 98% of that is from credit cards of American households have one or more credit cards. The total U.S. consumer debtis 2.46 trillion. CREDITLOAN° REAL ANSWERS, REAL SOLUTIONS.

The American Credit Card Craze

shared by kcatoto on Jan 23
Think U.S. residents love their credit cards? You’re right. U.S. consumers were using more than 1.5 billion credit cards in 2006. How many cards is that? If you stacked them atop each other, the res...


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