NEW YORK—In survey results that won’t surprise too many, according to a new survey from U.S. News & World Report, reveal a majority of Americans are carrying credit card debt.
More than 15% of respondents are carrying between $2,500 and $9,999.
Almost 17% of respondents are carrying more than $10,000 of credit card debt. A little less than 36% haven't carried debt on credit cards in the past year.
“Many Americans have debt on multiple credit cards. About 19% juggled debt on two to four credit cards while more than 4% have revolved balances on five or more cards,” US News & World Report said.