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AP poll shows average credit card debt drop

Average credit card debt for consumers showed a significant drop in a recent Associated Press-GfK poll released on July 25.

The average credit card debt for individuals dropped to $3,200, down from $3,800 six months ago. The poll also showed that more than 40 percent of those surveyed owe $1,000 or more in credit card debt, while 10 percent owe $10,000 or more.

You can view the full results from the poll by clicking here.

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