How much money does the average American household owe on credit cards?

Answer According to the Credit Cards website, the average household in America owes $15,788 in credit card debt, as stated in the May 2010 report from the Federal Reserve on consumer credit.References:Cre... Read More »

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What Is the Average APR for Credit Cards?

The average APR (annual percentage rate) on a credit card varies, depending on the type of credit card. The average consumer credit card APR is 16.36 percent, while the average APR on a reward cred... Read More »

How many credit cards does the average person have?

The average consumer has 2.7 credit cards as of 2010, according to Among individuals who have credit cards, the average number is 3.5 cards. In 2009, Americans owned a total of mor... Read More »

What is the average annual fee for credit cards?

Annual fees can vary greatly from card to card, with average fees ranging from $8 to $150 as of July 2009, according to During the first three months of 2009, only 29 percent of cr... Read More »

Who is the president of American Express credit cards?

American Express is a financial services company with a global presence. While the company does not employ a president specifically for credit cards, the American Express Website reports the compan... Read More »