1/3 of Americans carry a balance from month to month (revolving) = ~100 million people; sorry layout is confusing but this is in fact correct. Of course, more than 100MM actually have at least one credit card but not all of them carry balances.
Simply put, way more than 100MM people have credit cards, only ~100MM or 1/3rd carry balances from month to month.
Simply put, way more than 100MM people have credit cards, only ~100MM or 1/3rd carry balances from month to month.