Month: October 2021

Average Credit Card Debt

Average Credit Card Debt in America: 2021 Our researchers found the median debt per American family to be $2,700, while the average debt stands at $6,270. The average balance for consumers is $5,315, although some of that debt may be held on joint cards and thus double-counted. Overall, Americans owe $807 billion across almost 506 million card accounts. Below, you’ll find some …

Average Credit Card Debt Read More »

Can You Pay A Credit Card With Another Credit Card?

Can You Pay A Credit Card With Another Credit Card? Generally speaking, it’s technically impossible to pay for one credit card with another. There are several workarounds to this that involve using cash advance transactions, though these are bad financially for consumers and lead to your overall debt increasing. In most cases, doing this will …

Can You Pay A Credit Card With Another Credit Card? Read More »

Scroll to Top