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U.S. Household Debt and Credit Cards

At the end of 2015, debt owed by the 124.6 million households in the U.S. was $14.230 trillion. Credit cards accounted for 6.44% or $916.89 billion. At the end of 2014, credit card debt was 6.34% of total household debt. The ratio of credit card debt to household debt peaked in 1996 at 9.87%. Card debt is the combination of outstanding receivables tied to general purpose (Visa, MasterCard, American Express, and Discover) and private label (store, gasoline, medical, etc.) credit accounts. Credit card debt is compiled by The Nilson Report from its surveys of financial institutions and othe...

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Newsletter

June 2016
Headlines in this Issue
Charts in this Issue

Europe Purchase Volume 2015 vs. 2014

Investments & Acquisitions – May 2016

U.S. General Purpose Cards 1Q 2016 vs. 1Q 2015

Purchase Transactions on Cards Issued in Europe

Year-Over-Year Growth/Decline in Purchase Volume on Cards Issued in Europe

Europe General Purpose Cards 2015 vs. 2014

U.S. Credit Card Debt 1985 – 2015

Second 50 Largest Debit Card Issuers in the U.S. 2015