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Retail card balances vary by credit score tier

November 4, 2012 by admin

As of Q2 2012, subprime borrowers are carrying the largest retail card balances, with an average card balance per account of $620 and $700 for VantageScore® D and F tiers, respectively. The national average balance on a retail account is $329 — an increase of 39 percent over 2011. VantageScore A tier (super-prime) consumers carry the lowest average balance at $99 per account.

Source: Experian-Oliver Wyman Market Intelligence Reports.

VantageScore® is owned by VantageScore Solutions, LLC.

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