Credit Cards

[sjf0sauf09u109]

I searched the forum and on google to find but had no luck.
What is average credit limit per account (card) in the u.s.?

Thank you for your help.

[SwiftTone]

this might be an interesting read. didn't get through all of it so I don't know if the answer is there

http://www.creditcards.com/credit-card-news/credit-card-industry-facts-personal-debt-statistics-1276...

[TheConductor]

From SwiftTone's link, which is great! 

"For families having any bank-type cards, the median number of such cards remained at 2; the median credit limit on all such cards rose 21.4 percent, to $18,000, and the median interest rate on the card with the largest balance (or on the newest card, if no outstanding balances existed) rose 1.0 percentage point, to 12.5 percent.(Source: Federal Reserve Survey of Consumer Finances, February 2009)"

[SwiftTone]

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TheConductor wrote:

From SwiftTone's link, which is great! 

"For families having any bank-type cards, the median number of such cards remained at 2; the median credit limit on all such cards rose 21.4 percent, to $18,000, and the median interest rate on the card with the largest balance (or on the newest card, if no outstanding balances existed) rose 1.0 percentage point, to 12.5 percent.(Source: Federal Reserve Survey of Consumer Finances, February 2009)"

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Interesting read on demographics, however they don't offer insight on Caucasian, whcih is interesting in itself

[SwiftTone]

http://www.ehow.com/info_7860283_average-credit-card-limits.html

Here is another one. It cites myFICO.com, which is funny because you couldn't find it.

[TheConductor]

Hmm, it is interesting that the 2009 study says a median of 2 cards while the 2011 says an average of 9.  Assuming the median did not change drastically between 09 and 11, that means there are some people out there with some ridiculous amounts of card accounts skewing the average higher.

[sjf0sauf09u109]

thank you all for help