I don't have time or interest in tracking down the source data compiled by Bankrate, so I don't know how much of this "average debt" is amassed by wealthy cardholders and how much is subject to carryover interest, tho they do note that "44 percent of cardholders carried a balance from month to month in January 2024." This is an insidious and malicious form of debt. I'm profoundly saddened to see the levels this high.
Image cropped from the one at Visual Capitalist.
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