Payday Pundit » average credit card balance http://paydaypundit.org News and Information About The Payday Lending Industry Tue, 22 Jun 2010 01:32:09 +0000 http://wordpress.org/?v=2.9 en hourly 1 Average consumer has a $5,719 credit card balance http://paydaypundit.org/2009/08/25/average-consumer-has-a-5719-credit-card-balance/ http://paydaypundit.org/2009/08/25/average-consumer-has-a-5719-credit-card-balance/#comments Tue, 25 Aug 2009 13:09:19 +0000 Payday Pundit http://paydaypundit.org/?p=4812 The Associated Press reports, Data hints consumers handling credit cards better and the average consumer has a balance of $5,719.

The average debt consumers carry on their bank cards rose in the second quarter to $5,719, from $5,621 in the 2008 period. It declined only slightly from the first quarter, when the average stood at $5,776. Becker said that figure presents more evidence that people continue to rely on their credit cards, even as they may manage their payments better.

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