MAY 2004

Credit Card Holdings

Experian has released data from its recent nationwide survey of consumers’ use of credit cards, based on sampling from its large national credit database. Some of the highlights are listed below.

• On average, American consumers use 3.2 credit cards.

• Approximately 46 percent of the U.S. population has at least two credit cards, and approximately 10 percent of the U.S. population has more than 10 credit cards.

• More than 16 percent of the U.S. population uses at least half of their available credit.