The number of people who have been accumulating a significant amount of credit card debt has been rising ever since the turn of the century, and the average American credit card debt has been rising as well in accordance with this growing number. The actual statistics that may indicate such trends are very conflicting, and it has been very difficult to specifically determine what the average American credit card debt is in terms of dollars. One of the more popular studies has concluded that the average credit card debt for Americans is anywhere between eight and nine thousand dollars. This study has come under heavy scrutiny as of late though, with many critics claiming that the study's figures are based off a "per household" basis and therefore do not truly indicate what an average American is carrying in terms of credit card debt. Experts have said that those figures should probably be cut in half as this would make sense if you consider that each household contains at least two adults. This would make the average American credit card debt at somewhere between four and five thousand dollars, and while these figures are probably a little bit more accurate, they still are very high and should be looked upon with a grain of salt.

In reality the number is probably around half of that estimate, with every American carrying between one and two thousand dollars of credit card debt. These numbers are still very high even though many Americans have begun consolidating credit card debt on a large scale, and the reality is that until a better and more recent study is performed then we will never actually know what the specific numbers are when it comes to the average credit card debt for Americans. What we can determine even from some of these flawed studies and estimates is that the average credit card debt is very high, higher than it has ever been in the past. This is obviously not good for a number of reasons as it is never healthy for the majority of citizens from within a particular world super power to be this overextended in terms of unsecured credit.

If you don't want to become part of these statistics then you need to learn how to use your credit card properly, and while learning how to do this may seem like a daunting task, it is not very hard once you can nail down a few basic concepts. First, you should only use your credit card when you don't have the cash to pay for something. Your goal should not be to utilize your credit cards as much as possible even if you have a low interest rate because no matter what you are going to have to pay finance charges on whatever balances you carry on your credit cards. If you are carrying a high balance then you should try to pay it down as much as you can so it can at least fall below thirty percent of your overall credit line. This will make sure that your credit score doesn't drop significantly and it will also give you the piece of mind that you won't go over your limit if you have to charge something else onto that card. Reducing your credit card debt is simply a matter of not charging as much and then forming a plan to pay down whatever balances you have accumulated. Once you can master this you can then avoid becoming part of the average American credit card debt statistics, and you will therefore be better off financially going forward.

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