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RAB Research Archive

The highest users of retail credit cards are found in…



According to a study by CompareCards, residents of McAllen, Texas, are by far the highest users of retail credit and charge cards. McAllen earned a score of 87.2 in retail card activity, ranking first in the number of people with retail cards, the number of retail card owners with a balance on their cards and the percentage of credit card debt carried on a retail card. The report also revealed that the average balance on a U.S. retail credit card is $2,699.

Source: Chain Store Age



View or Download: https://www.chainstoreage.com/news/the-highest-users-of-retail-credit-cards-are-found-in/

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