Between 2020 and 2023, the share of adults planning to carry a credit card balance in the next six months in the United States increased significantly. While 19 percent of respondents were going to carry a credit card balance in 2020, that percentage increased to approximately 35 percent in 2023. That means that over a third of credit card holders are expected not to be able to pay some credit card bills on time.
Share of adults planning to carry a credit card balance in the next six months in the United States in 2020 and 2023
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Provoke Insights. (June 27, 2023). Share of adults planning to carry a credit card balance in the next six months in the United States in 2020 and 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396809/share-of-adults-planning-to-carry-credit-card-balance-in-the-us/
Provoke Insights. "Share of adults planning to carry a credit card balance in the next six months in the United States in 2020 and 2023." Chart. June 27, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396809/share-of-adults-planning-to-carry-credit-card-balance-in-the-us/
Provoke Insights. (2023). Share of adults planning to carry a credit card balance in the next six months in the United States in 2020 and 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396809/share-of-adults-planning-to-carry-credit-card-balance-in-the-us/
Provoke Insights. "Share of Adults Planning to Carry a Credit Card Balance in The next Six Months in The United States in 2020 and 2023." Statista, Statista Inc., 27 Jun 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396809/share-of-adults-planning-to-carry-credit-card-balance-in-the-us/
Provoke Insights, Share of adults planning to carry a credit card balance in the next six months in the United States in 2020 and 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396809/share-of-adults-planning-to-carry-credit-card-balance-in-the-us/ (last visited November 10, 2024)
Share of adults planning to carry a credit card balance in the next six months in the United States in 2020 and 2023 [Graph], Provoke Insights, June 27, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396809/share-of-adults-planning-to-carry-credit-card-balance-in-the-us/