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In the past 12 months, how frequently have you paid only the minimum payment on one or more of your credit cards?
Frequency of paying only minimum credit card payment · Asked in 3 waves, 2015–2017 · 10,729 responses · weighted estimates computed from individual responses
Version of C4B first asked in 2015: wording or answer options differ from shed:C4B.
Shares of people who gave an answer. Each column is one wave, evenly spaced rather than to scale in time; hover for exact shares.
| Group | Never | Once | Some of the time | Most or all of the time | n | MoE | |
|---|---|---|---|---|---|---|---|
| All respondents | 40% | 9% | 33% | 19% | 5362 | ±2 | |
| Less than high school |
Shares of people who gave an answer. A group’s column is left blank in waves where its effective sample is under 50; hover for exact shares.
| 25% |
| 6% |
| 40% |
| 28% |
| 105 |
| ±12 |
| High school | 36% | 10% | 34% | 21% | 1153 | ±4 |
| Some college | 39% | 9% | 31% | 21% | 2117 | ±3 |
| Bachelor's | 45% | 7% | 33% | 15% | 1218 | ±4 |
| Postgraduate | 49% | 9% | 29% | 13% | 769 | ±4 |
SHED 2017 · US adults 18+. Shares of people who gave an answer. n is unweighted; ± is the 95% margin of error at 50% from the weighted effective sample. Groups with an effective sample under 50 are grayed; under 20, hidden.