Spokane ranks 20th in highest credit card balances

Lingering Holiday Debt Could Have Lasting Financial Effects — COSTA MESA, Calif., March 2, 2011 /PRNewswire/ —.

Spokane ranks in the top 25 cities, nationally, at #20 on the list, with an average combined bank card balance of $4,572 at the end of 2010. The average consumer has 2 bank cards, they say. What does it mean? I have no idea. At first glance it seems like it means something but there are so many variables that go into the level of credit card balances that the dollar value and the place on the list might not mean all that much one way or the other.

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