Credit Statistics

What percent of Americans have at least 1 credit card?

• 25%

• 50%

• 75%

How many credit cards does the average American have?

• 1

• 4

• 7

The average credit card balance for Americans is_________.

• $5,525

• $1,500

• $12,458

True or False. There is a greater demand for credit cards now than 20 years ago.

• TRUE

• FALSE

The average age someone gets their first credit card....

• 22

• 27

• 18

In the past year, what percent of Americans have made a late credit card payment.

• 10%

• 26%

• 45%

Which credit card company has the most cards in the world?

• Mastercard

• VISA

• American Express

_______________ of families report spending more money than they receive each month

• 12%

• 28%

• 53%

True or False. Young adults (19-29) have the best average credit scores in the United States.

• TRUE

• FALSE

Which is an excellent credit score?

• 500

• 850

• 1000