Average consumer has a $5,719 credit card balance
August 25, 2009 | alternatives | Comments (0)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.
