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DID YOU KNOW?
• Average credit card debt per household with credit card debt: $15,799*
• 609.8 million credit cards held by U.S. consumers. (Source: "The Survey of Consumer Payment Choice," Federal
Reserve Bank of Boston, January 2010)
• Average number of credit cards held by cardholders: 3.5, as of yearend 2008 (Source: "The Survey of Consumer
Payment Choice," Federal Reserve Bank of Boston, January 2010)
• Average APR on new credit card offer: 14.89 percent (Source: CreditCards.com Weekly Rate Report, July 20, 2011.)
• Average APR on credit card with a balance on it: 13.10 percent, as of May 2011 (Source: Federal Reserve's G.19
report on consumer credit, released July 2011)
• Total U.S. revolving debt (98 percent of which is made up of credit card debt): $793.1 billion, as of May 2011 (Source:
Federal Reserve's G.19 report on consumer credit, released July 2011)
• Total U.S. consumer debt: $2.43 trillion, as of May 2011 (Source: Federal Reserve's G.19 report on consumer credit,
released July 2011)
• U.S. credit card 30-day delinquency rate: 3.3 percent. (Source: Moody's, May 2011)
Read more: http://www.creditcards.com/credit-card-n....#ixzz1dhqQVQ dV
Top 15 U.S. Credit Card Issuers Based on Purchase Volume (in billions):Rank Issuer Purchase Volume
1 American Express $460.69
2 Chase 333.13
3 Bank of America $237.51
4 Citibank $192.48
5 Capital One $98.34
6 Discover $92.47
7 U.S. Bancorp $73.57
8 Wells Fargo $49.10
9 HSBC $30.64
10 Barclays $29.80
11 USAA $28.24
12 GE Money $20.98
13 PNC $14.19
14 Cabela’s WFB $11.94
15 Target $8.55
(Above Information Provided By http://education.cardhub.com/statistics/market-share-by-credit-card-issuer/)
As of today....
According to the US Census Bureau the Current US Population as of November 2011 is:
312,686,306
If just HALF of us stop reading these staggering statistics right now and donated just $10.00, an amount that wont affect most of us on any significant level no matter what debt we face, then we can raise an unbelievable $1,563,431,530.00!
How many families can we help with that?
OVER 104,229 families with and average of $15,000 of financial needs!
That's over 104,229 families struggling right now saved! With just half the population donating TEN DOLLARS! What better example can we give to show you that
THIS CAN WORK !