Average number of credit cards in America?

Question by Apfel: Average number of credit cards in America?
What is the average number of credit cards most Americans have?

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Best answer:

Answer by Barkley Hound
While most Americans carry between five and 10 credit cards, some people carry up to 50 — which could wreak havoc on your credit score.

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.). Not included are savings and checking accounts (typically not reported to a credit bureau). Of these 13 credit obligations, 9 are likely to be credit cards and 4 are likely to be installment loans.

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