2013 consumer credit and debt statistics

This page contains newly released 2013 information on credit card debt, credit card delinquencies, credit card interest rates, debit cards, prepaid cards, bankruptcies and more.

• The average credit card debt per U.S. adult (excluding zero-balance and store credit cards) is $4,878
• The average APR on credit card that usually carries a balance is 13.11%
• The average number of consumers that carry balances on their credit cards is 39%
• The average debt per credit card that usually carries a balance is $8,220
• The average debt per credit card that doesn’t usually carry a balance is $1,037
• The average number of credit cards per U.S. adult: 1.96
• The average charge-off rate on credit card loans from top 100 banks: 3.87%
• The average U.S. credit card 60-day delinquency rate in is 1.76%
• The percentage of students who own a credit card is 35%
• Of the students with credit cards, more than 75% had them in their own name

Remember that in many cases – average is not a good indicator to compare yourself to. For example, is 9 out of 10 Americans doesn’t carry balance on their card, while just one out of 10 carries a $10,000 – that means that in average every American carries a balance of $1,000. Very far from the real picture. So that these numbers with care.

The Credit-report-101 team.