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America's Credit Card Debt Drops

By: Newsroom Solutions
Updated: January 18, 2012
It appears Americans are paying their credit cards down.

CreditKarma.com reports U.S. credit card debt dropped 11-percent in the past year.

The research company's numbers are part of its "U.S. Credit Score Climate Report." 

As of December, Credit Karma reports the average American had about 66-hundred dollars in credit card debt.

Meanwhile, the average credit score among Americans is 660.

That's down eight points from one year ago.

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