Survey: Average American Carrying Over $2300 in Credit Card Debt

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Survey:

Average American Carrying Over $2300 in Credit Card Debt

The average American is carrying $2328 in credit card debt,

according to a survey by Myvesta. This is actually a decrease

from the $2627 average that the survey found a year ago. The

survey also found that, on average, Americans hold 2.9 credit

cards each.

Credit

card debt was greatest in the western states, and least in the

midwestern states. Males carried slightly more debt than females

-- $2369 to $2289. And married individuals carried more debt

than unmarried people -- $2625 to $1744.

The

findings were based on telephone surveys conducted in early

November of 1000 people.

Published 01/02/06 (Modified 05/07/12)