Consumer Credit Card Debt Increases in October

SAN FRANCISCO, CA – Credit Karma (www.creditkarma.com), the consumer’s advocate for demystifying credit, today released its U.S. Credit Score Climate Report with trend data for October 2009. Amongst consumers with a credit card, credit card debt increased 14% nationally from September. The Midwest and Northeast regions showed the highest increases in credit card debt with 16% and 17% respectively, and Philadelphia consumers represented the highest gain for a Metropolitan Statistical Area (MSA), increasing debt by 28% in October.

In October, the average consumer with an open account had:

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