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May
2004 - eNewsletter
General
64% - Percentage of 18-24 year
olds who don’t
know the interest rate they pay on their credit
cards. Myvesta
Credit Card
$8,000 – Average credit card balance of
U.S. credit card holders. CardWeb.com
8 – Number of cards carried by the average
American credit card user. CardWeb.com
217% - Percentage increase
in credit card debt amount 65-69 year olds from
1992 to 2001. Marketplace
Statistics
$5,844 – Average credit card balance amount
65-69 year olds. Marketplace Statistics.
Auto
11% - Percentage of monthly
gross income the average consumer spends on car
payments. Edmunds.com
$525 – Average monthly automobile payment. Power
Information Network, LLC.
60 – Most popular finance term in months. Power
Information Network, LLC.
Student
$19,000 – Average student
loans for someone graduating from a four year
college. Nellie
Mae
83% - Number of students with
credit cards. Nellie
Mae
$3,300 – Average balance
of a graduating senior. Nellie Mae
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