How much credit card debt do you currently hold? Curious how that stacks up against the rest of the US?
New data collected by WalletHub, a free credit reporting site, tell us that the average American family owes about $8,300 on their cards. That figure is from 2016, the most recent year available, and is up 6% from the year before.
Total credit card debt for all Americans is up to $979 billion. That is a startling number, and one that has many worried about what that could mean for the country’s economy going forward. For the full story, click here.