The average balance on a credit card is now almost $6,200, and the typical American holds four credit cards, according to the credit bureau Experian. Credit card issuers are also giving Americans more room to run up debt, boosting the typical credit limit by 20% over the last decade to $31,000.Feb 12, 2020
I'm WAYYYYYY below average and the people I know are as well. Never come close to that.
