How many credit cards do you carry in your wallet? If you’re anything like the average American, you’ll be carrying about 3 to 4 credit cards. As a double-edged sword, the credit card can be a convenient financial tool that helps you make purchases (while earning you the occasional points or two), but when used irresponsibility, credit cards can also quickly become your worst financial nightmare. The infographic below takes a look at credit card usage and its corresponding debt loads across the country.
Editor at CreditRepairExpert
Steven is a Certified Financial Planner (CFP) and Certified Credit Counselor (CCC) and joined CreditRepairExpert in June 2016 as a Credit Repair Adviser to continue his mission of making a difference in the world. Everyday, Steven speaks with individuals and families in the online credit repair community to answers questions and offer help people on their journey to repair their credit rating. If you have a story idea for Steven or you would like help with credit repair, please email him at email@example.com.