Credit Card Debt in America

CREDIT CARD DEBT The number of Americans with credit card debt is always increasing. Cardholders accumulate debt on multiple credit card accounts and often rely on balance transfer options for relief. Understanding these balance transfer offers that are so frequently sent in the mail is crucial to those seeking to decrease their credit card debt. IN AMERICA This infographic shows some of the startling credit card debt numbers in America. Brought to you by Neato Credeeto. DEBT CATEGORIES: $ 1 D $ 13.4 TRILLION TRILLION $ 803.6 BILLION MORTGAGES STUDENT LOANS CREDIT CARD DEBT XXXXXX XXXXXX XXXXXX XXXXXX XXXXXX XXXXXX XXXXXX XXXXXX XXXXXX XXXXXX The average credit card holder has 7 cards (3 bank credit cards and 4 store or gas cards) 1 in 10 consumers has more than 10 credit cards ??? $10,000 36% 13% 36% of credit card holders don't know the interest rate on their most used card 13% of Americans carry balances over $10,000 54% 21% 54% of Americans pay their balance in full each month 21% of holders feel they are treated unfairly by their credit card company CREDIT CARD COMPANIES MAKE OVER $40 BILLIONA YEAR BETWEEN LATE PAYMENTS AND BALANCE TRANSFER FEES XXXXXX 5 billion credit card offers 59% of households receive at least 2/3 of holders would switch their are mailed each year one credit card offer a month primary card if a better feature was available THE AVERAGE CREDIT CARD DEBT PER U.S. HOUSEHOLD IS $15,799 NEATO CREDEETO'™ IM For information on how you can better manage credit card debt please visit neatocredeeto.com THE CREDIT CARD BALANCE TRANSFER TOOL XXXXXX