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Two-thirds of the national population has one or more bankcards

January 12, 2013 by admin

Bankcard originations have continued to increase, with Q3 2012 originations increasing 32 percent over Q3 2011. On average, 66 percent of the population now holds one or more bankcards. However, the percentage of consumers who have a bankcard varies greatly by VantageScore® tier:

VantageScore tier

Percent with one or
more open bankcards

A

97%

B

88%

C

68%

D

48%

F

22%

View our recent credit trends Webinar to learn more about credit trends in the current lending environment, including subprime bankcard credit trends.

Source: Experian–Oliver Wyman Market Intelligence Reports

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