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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 | |
| White |
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.
| 43% |
| 8% |
| 31% |
| 18% |
| 3888 |
| ±2 |
| Black | 36% | 7% | 36% | 21% | 564 | ±5 |
| Hispanic | 30% | 11% | 36% | 24% | 627 | ±5 |
| Asian | 46% | 8% | 34% | 11% | 91 | ±12 |
| Other | 35% | 8% | 37% | 20% | 192 | ±12 |
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.