Did you know that Germans generally have an aversion to debt, associating it with a loss of control? Just 17% of purchases in Germany last year involved credit cards, and the average debt is $158 per person.

Did you know that the French prefer debit cards over credit cards, charging on average less than $300 per year?

Did you know that the average Canadian credit card debt is on a slow but steady decline, currently sitting at $3,573?

Did you know that the average American credit card debt is $7,073? If you consider only the households that have debt, the average actually rises to $15,162.

Posted by:ScoreSense

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