Tag: Credit cards

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Study highlights generational gap on debt...

A recent Experian credit trends study showcases the types of debts Americans have, the amounts they owe and the differences between generations. Nationally, the average debt in the United States is $78,030 and the average VantageScore® is 751. The debt and VantageScore distribution for each group is listed below,...

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Credit card delinquencies below prerecession levels...

Experian’s recently released study on the credit card and mortgage payment behaviors* of consumers both nationally and in the top 30 Metropolitan Statistical Areas yielded interesting findings. Nationally, since 2007, 20 percent fewer credit card payments are 60 days late, but 25 percent more consumers are paying their mortgage...

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