Average Western Credit debt from inside the 2021: $5,525
According to most recent look, the typical American credit card debt was $5,525. The average credit equilibrium have diminished because of the $968 from where it had been up until the COVID-19 pandemic, together with full U.S. personal credit card debt comes with been down so you can $787 million.

When you find yourself those people will be full numbers, it are very different notably a variety of class. We’ve reviewed investigation away from authorities businesses and you may credit bureaus to track down the average personal credit card debt by condition, years, money, and much more. Read on on the full abilities.

Key results

personal loans in chandler az

  • Mediocre Western personal credit card debt: $5,525
  • Average credit use price: twenty-five.2%
  • State toward high average credit card debt: Alaska ($eight,089)
  • Condition into lowest mediocre credit card debt: Wisconsin ($4,587)
  • Age group X has mediocre personal credit card debt of $7,236, one particular of any generation.
  • Higher earnings corresponds to large average charge card balances, but users around income supports will be the probably to have personal credit card debt.
  • Mastercard rates were rising, and average rate is actually 16.2% to the attention-hit levels.
  • Delinquency cost was in fact continuously coming down, towards the speed from delinquencies out-of ninety days or even more falling the essential.Continue reading