Average American CC Debt $6,929 Revolving Balance
According to Equifax, 48% of American households carry a credit card balance. In other words, they do not pay it down to zero on the due date every month. The average APR on credit card debt is 16.46%
The average revolving credit card balance is $6,929... so the average cost of interest charges per year would be about $1,140 for those American households that carry a revolving balance.
Data from December 2018.
http://www.nerdwallet.com/blog/avera...debt-household