The type of credit used in the United States in 2021 varied by age. Respondents between the ages of 25 and 54 were the most frequent users of credit cards and bank personal loans. However, respondents of up to 24 years old reported using nonbank personal loans more frequently than any other age group. The share of respondents who used credit cards was 73.1 percent for respondents aged from 35 to 44 years.
Share of people who have used credit in the United States in 2021, by age group and type of credit
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FDIC. (November 14, 2022). Share of people who have used credit in the United States in 2021, by age group and type of credit [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1346073/use-of-credit-by-age-group-and-type-of-credit-usa/
FDIC. "Share of people who have used credit in the United States in 2021, by age group and type of credit." Chart. November 14, 2022. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1346073/use-of-credit-by-age-group-and-type-of-credit-usa/
FDIC. (2022). Share of people who have used credit in the United States in 2021, by age group and type of credit. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1346073/use-of-credit-by-age-group-and-type-of-credit-usa/
FDIC. "Share of People Who Have Used Credit in The United States in 2021, by Age Group and Type of Credit." Statista, Statista Inc., 14 Nov 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1346073/use-of-credit-by-age-group-and-type-of-credit-usa/
FDIC, Share of people who have used credit in the United States in 2021, by age group and type of credit Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1346073/use-of-credit-by-age-group-and-type-of-credit-usa/ (last visited September 20, 2024)
Share of people who have used credit in the United States in 2021, by age group and type of credit [Graph], FDIC, November 14, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1346073/use-of-credit-by-age-group-and-type-of-credit-usa/