The average American has approximately $6,500 in credit card debt spread across multiple cards and an average credit utilization ratio of 29%, according to the credit bureau Experian.

Authors

• Person: Not available Organization: Western & Southern Financial Group
  What is Personal Finance? A Guide to Managing Your Money

Sources

• What is Personal Finance? A Guide to Managing Your Money www.westernsouthern.com Western & Southern Financial Group via serper

Referenced by nodes (3)

• credit utilization ratio concept
• Experian entity
• credit card debt concept