Credit Card Debt Creeping Higher, Survey Says

Published on:
12 September 2006 at 10:18 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00003201-credit-card-debt-creeping-higher-survey-s/

Married couples have $3,238 in debt, while those who are single carry $1,785 on cards.

Americans continue to pile more debt on their credit cards – and get more plastic, a recent survey shows.

The average amount of credit-card debt carried by an American is $2,627 this year, up nearly 15 percent from $2,294 last year, according to a survey by Myvesta, a nonprofit consumer education organization. Plus, Americans carry an average of 2.9 credit cards, up from 2.3 last year, the annual survey shows.

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Credit Card Debt Creeping Higher, Survey Says

Unknown Author

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