Credit Card Debt Statistics

Discover the latest consumer credit card debt statistics from Debt.com to see where you stand with revolving debt today.

October 7, 2014 Updated: May 6, 2025

Written by

Reviewed by

Debt.com Editor, PFE

What's the state of credit card debt for Americans? Collectively $1.21 trillion in credit card debt, according to the latest data from the New York Fed. That's more than an 8% jump from the previous year. Americans added an additional $45 billion during Q4 of 2024. But how do credit card debt statistics look for American households?

How much credit card debt does the average American have?

Not all Americans use credit cards – but most do. According to the Federal Reserve's Report Repot on the Economic Well-Being of U.S. Households, over eight out of ten Americans (82%) have at least one card in their name. Of those, only 47% of households carry credit card debt over from month to month. Overall consumer debt has increased for Americans, average credit card balances jumped to $7,236 according to Lendingtree's 2025 Credit Card Debt Statistics.

Debt.com's latest survey of 1,000 credit card users shows 1 in 5 have between $10,000 and $30,000 in credit card debt.

1 in 5 survey respondents have $10,000 to $30,000 of credit card debt.

Total U.S. Credit Card Debt

Total amount American consumers owe in revolving credit card debt (as of Dec 2024) — $1.166 trillion
The average amount owed by households that carry credit card debt (as of Dec 2024) — $7,236

Credit card debt statistics per borrower

Per Experian's 2023 Consumer Credit Review:

Average credit card debt per borrower in 2023 — $6,501
Average credit card debt per borrower in 2022 — $5,910
Average credit card debt per borrower in 2021 — $5,221
Average credit card debt per borrower in 2020 — $5,315

Credit card interest rate statistics

Debt.com's 2024 Credit Card Debt survey reveals more than half of respondents with $10,000 to $30,000 in credit card debt have an average APR between 15% and 20%.

Per LendingTree's report on Average Credit Card Interest Rate in America Today:

Average national APR (annual percentage rate) on credit cards as of 2024 — 24.43%
Average rate on low-interest credit cards — 17.96%
Average APR for those with poor credit — 27.90%

Debt.com's 2024 Credit Card Survey: Half of respondents with $10,000 to $30,000 of credit card debt say their average APR is 15%-20%

Credit card debt for college students

Per WalletHub's Q3 2024 College Student Credit Card Statistics:

85% of students have a credit card
Only 53% of college students pay the full balance of their bill every month
The average credit card balance among college students is $2,060

Per lendingtree's Personal Loan Statistics: 2025

Total unsecured personal loan debt — $249 billion
Average outstanding balance — $11,652
Delinquency rate (60 days or more past due) for personal loans — 3.50%
Americans with a personal loan — 24.2 million
Personal loan debt makes up 1.4% of outstanding consumer debt

Credit Card Debt by State

Click here to view all credit card debt statistics by state

Alabama Average Credit Card Debt

2024: $5,811
2023: $5,571
Change: + 4.30%

Alaska Average Credit Card Debt

2024: $7,608
2023: $7,316
Change: +3.99%

Arizona Average Credit Card Debt

2024: $6,540
2023: $6,317
Change: +3.53%

Arkansas Average Credit Card Debt

2024: $5,552
2023: $5,366
Change: +3.46%

California Average Credit Card Debt

2024: $6,886
2023: $6,576
Change: +4.71%

Colorado Average Credit Card Debt

2024: $6,772
2023: $6,574
Change: +3.01%

Connecticut Average Credit Card Debt

2024: $6,820
2023: $6,615
Change: +3.09%

Delaware Average Credit Card Debt

2024: $6,346
2023: $6,314
Change: +0.51%

District of Columbia Average Credit Card Debt

2024: $7,579
2023: $7,236
Change: +4.74%

Florida Average Credit Card Debt

2024: $6,867
2023: $6,550
Change: +4.83%

Georgia Average Credit Card Debt

2024: $6,899
2023: $6,580
Change: +4.83%

Hawaii Average Credit Card Debt

2024: $7,165
2023: $6,695
Change: +7.02%

Idaho Average Credit Card Debt

2024: $5,941
2023: $5,753
Change: +3.26%

Illinois Average Credit Card Debt

2024: $6,290
2023: $6,070
Change: +3.63%

Indiana Average Credit Card Debt

2024: $5,399
2023: $5,264
Change: +2.56%

Iowa Average Credit Card Debt

2024: $5,148
2023: $5,063
Change: +1.68%

Kansas Average Credit Card Debt

2024: $5,716
2023: $5,575
Change: +2.53%

Kentucky Average Credit Card Debt

2024: $5,302
2023: $5,098
Change: +3.98%

Louisiana Average Credit Card Debt

2024: $6,006
2023: $5,796
Change: +3.62%

Maine Average Credit Card Debt

2024: $5,610
2023: $5,420
Change: +3.51%

Maryland Average Credit Card Debt

2024: $7,064
2023: $6,787
Change: +4.08%

Massachusetts Average Credit Card Debt

2024: $6,238
2023: $6,077
Change: +2.65%

Michigan Average Credit Card Debt

2024: $5,578
2023: $5,503
Change: +1.36%

Minnesota Average Credit Card Debt

2024: $5,679
2023: $5,551
Change: +2.30%

Mississippi Average Credit Card Debt

2024: $5,441
2023: $5,332
Change: +2.05%

Missouri Average Credit Card Debt

2024: $5,682
2023: $5,539
Change: +2.58%

Montana Average Credit Card Debt

2024: $6,002
2023: $5,728
Change: +4.79%

Nebraska Average Credit Card Debt

2024: $5,533
2023: $5,370
Change: +3.03%

Nevada Average Credit Card Debt

2024: $7,047
2023: $6,710
Change: +5.02%

New Hampshire Average Credit Card Debt

2024: $6,199
2023: $5,953
Change: +4.13%

New Jersey Average Credit Card Debt

2024: $6,864
2023: $6,695
Change: +2.52%

New Mexico Average Credit Card Debt

2024: $5,812
2023: $5,586
Change: +4.04%

New York Average Credit Card Debt

2024: $6,575
2023: $6,313
Change: +4.15%

North Carolina Average Credit Card Debt

2024: $6,092
2023: $5,853
Change: +4.08%

North Dakota Average Credit Card Debt

2024: $5,672
2023: $5,618
Change: +0.96%

Ohio Average Credit Card Debt

2024: $5,521
2023: $5,405
Change: +2.15%

Oklahoma Average Credit Card Debt

2024: $5,988
2023: $5,862
Change: +2.15%

Oregon Average Credit Card Debt

2024: $6,140
2023: $5,929
Change: +3.55%

Pennsylvania Average Credit Card Debt

2024: $5,819
2023: $5,709
Change: +1.93%

Rhode Island Average Credit Card Debt

2024: $6,126
2023: $6,021
Change: +1.74%

South Carolina Average Credit Card Debt

2024: $6,252
2023: $5,894
Change: +6.07%

South Dakota Average Credit Card Debt

2024: $5,590
2023: $5,375
Change: +4.00%

Tennessee Average Credit Card Debt

2024: $5,938
2023: $5,708
Change: +4.03%

Texas Average Credit Card Debt

2024: $6,900
2023: $6,620
Change: +4.23%

Utah Average Credit Card Debt

2024: $6,203
2023: $5,945
Change: +4.34%

Vermont Average Credit Card Debt

2024: $5,578
2023: $5,484
Change: +1.71%

Virginia Average Credit Card Debt

2024: $6,827
2023: $6,647
Change: +2.71%

Washington Average Credit Card Debt

2024: $6,752
2023: $6,470
Change: +4.35%

West Virginia Average Credit Card Debt

2024: $5,340
2023: $5,333
Change: +0.13%

Wisconsin Average Credit Card Debt

2024: $5,093
2023: $4,940
Change: +3.10%

Wyoming Average Credit Card Debt

2024: $6,316
2023: $6,114
Change: +3.30%

Source: TransUnion November Monthly Snapshot

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