March 2, 2016
Researchers found the average credit card-debt carrying household owed $15,355, and has $129,570 in total debt.
Stories this photo appears in:
Study: Americans lie about credit card debt because of social stigma
One-third of Americans see credit card debt as more embarrassing than other types of debt, with students and younger people the most embarrassed by credit card debt.
Americans under-report their credit card debt by more than $400 million, generally because of the social stigma associated with it, according to a recent study.