Average consumer now carries $6,329 in credit card debt. 'People are stretched,' expert says.

Over the last year, roughly 9.1% of credit card balances transitioned into delinquency, the New York Fed reported.

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This is surprisingly low. If the average family put all their expenses on a card and pays it off every month it won’t be far off this.

What is the average amount that people are actually paying interest on?

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