Do You Fall Outside the Average Credit Card Debt Range?

If you carry a balance on your credit cards, you might assume that the amount of your debt is in line with the average credit card debt in America. After all, millions have thousands of dollars in debt and if everyone's doing it, then it must be okay - right? That line of thinking can be deadly to your financial future. Here are some things to keep in mind when analyzing your charge card debt... 1. What Do You Think is Average? If you think that your plastic debt is in line with the average credit card debt in America, you probably have some preconceived notions of what "average" really means. If you've been following statistics, don't kid yourself -- statistics can be misleading.