The Federal Reserve's Survey of Consumer Finance reported that the proportion of cardholders with bank-type credit cards who had a balance went down 5.9 percentage points to 52.4%.
Additionally, the triennial survey found more people reported usually paying their balances in full. In 2007, the percent of holders of bank-type cards who reported that they usually pay their balances in full rose was 55.3%. This went up to 56.4% in 2010.
Furthermore, the median new charges for the month preceding the interview on all bank-type cards held by the
family rose $40 from $260 in 2007 to $300 in 2010.
However, familes having any bank-type cards reported that their credit limits on all such cards declined from $18,900 in 2007 to $15,000 in 2010.