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Average bankcard balance shows slight decrease

Published : August 4, 2013 by admin

The average bankcard balance per consumer in Q2 2013 was $3,831, a 1.3 percent decline from the previous year. Consumers in the VantageScore® near prime and subprime credit tiers carried the largest average bankcard balances at $5,883 and $5,903 respectively. The super prime tier carried the smallest average balance at $1,881.

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Source: Data for this article was sourced from IntelliViewSM, a Web-based data query, analysis and reporting tool.

VantageScore® is a registered trademark of VantageScore Solutions, LLC.

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