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Credit Card Debt

5 Dec 2011

Q. How concerned are you about the amount you currently owe on your credit cards?

Very concerned 11%
Somewhat concerned 16%
Not very concerned 27%
Don’t owe anything on credit cards 44%
Don’t know 1%

27% say they are very or somewhat concerned about the amount they owe on their credit cards. Those most concerned were aged 35-44 (35%) and full-time workers (35%). There was little difference across income groups.

12% of those who intend to put more than half their Christmas spending on credit cards say they are very concerned about their current credit card debt and 23% are somewhat concerned.