Outstanding credit card receivables tied to Visa, Mastercard, American Express and Discover commercial and consumer card products combined with all private label (store, gasoline, medical, etc.) card products was $1.003 trillion at year-end 2020. In this article, credit card debt shown was compiled by the Nilson Report from its surveys of financial institutions and private label lenders. The number of households in the United States, a calculation of the U.S. Census Bureau, was 128.5 million for 2020, down 0.1% from 2019. This was the first reported decline in the number of households in th...