Number of Credit Cards per Cardholder
- On average, today’s consumer has a total of 13 credit obligations on record at a credit bureau. These include credit cards (such as department store charge cards, gas cards, or bank cards) and installment loans (auto loans, mortgage loans, student loans, etc.). Of these 13 credit obligations, 9 are likely to be credit cards and 4 are likely to be installment loans.
- Approximately 51 percent of the U.S. population has at least two credit cards and approximately 14 percent of the U.S. population has more than 10 credit cards.
(Source: Experian National Score Index study, February 2007)