Comment on Average Lifetime Credit Card Debt in Every U.S. State (2025)

Scirocco@lemmy.world ⁨1⁩ ⁨day⁩ ago

What is this saying?

That people have a total lifetine throughput of 300-500k?

What does that tell us?

I do virtually all of my spending on credit card, and pay the full balance every month. So… No shit, throughput is high. But revolving credit is zero, in my case. Other people will carry a balance, but so what?

A more useful metric might be average credit card debt balance, or average interest paid per month or per year.

Either this graphic is very atupid, or I am.

Enlighten me please.

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