Q56b: Have you ever had a credit card?

Demographic and experience categories Yes No Do not know Refused
All respondents 84.8 ( 1.0) 13.8 ( 0.9) 0.4 ( 0.1) 1.0 ( 0.3)
AGE GROUP        
18 to 24 59.0 ( 4.9) 40.6 ( 4.9) 0.4 ( 0.4) 0.0 ( 0.0)
25 to 34 85.8 ( 2.1) 14.0 ( 2.1) 0.0 ( 0.0) 0.2 ( 0.2)
35 to 44 90.5 ( 1.6) 9.5 ( 1.6) 0.0 ( 0.0) 0.0 ( 0.0)
45 to 54 89.3 ( 1.7) 9.9 ( 1.6) 0.0 ( 0.0) 0.7 ( 0.6)
55 to 64 92.5 ( 1.7) 7.5 ( 1.7) 0.0 ( 0.0) 0.0 ( 0.0)
65 and older 90.6 ( 1.5) 7.8 ( 1.4) 1.2 ( 0.5) 0.5 ( 0.4)
INCOME        
Less than $25000 64.4 ( 2.2) 33.3 ( 2.2) 1.0 ( 0.4) 1.2 ( 0.5)
$25000 to $49999 88.1 ( 1.9) 11.5 ( 1.9) 0.0 ( 0.0) 0.4 ( 0.4)
$50000 to $74999 97.0 ( 1.0) 3.0 ( 1.0) 0.0 ( 0.0) 0.0 ( 0.0)
$75000+ 96.8 ( 1.1) 3.2 ( 1.1) 0.0 ( 0.0) 0.0 ( 0.0)
EDUCATION        
Less than high school 43.8 ( 3.7) 52.2 ( 3.7) 2.4 ( 1.0) 1.6 ( 0.8)
High school 79.7 ( 2.1) 19.0 ( 2.0) 0.5 ( 0.3) 0.8 ( 0.4)
Some post-secondary education 91.0 ( 1.4) 8.0 ( 1.4) 0.0 ( 0.0) 1.0 ( 0.5)
BA or more 98.3 ( 0.6) 0.9 ( 0.3) 0.0 ( 0.0) 0.8 ( 0.5)
ETHNICITY        
White 92.3 ( 1.0) 7.2 ( 0.9) 0.1 ( 0.1) 0.4 ( 0.2)
Black 74.6 ( 2.8) 24.2 ( 2.8) 0.3 ( 0.3) 0.9 ( 0.5)
Hispanic 61.9 ( 3.1) 35.1 ( 3.0) 1.4 ( 0.6) 1.7 ( 0.8)
Other 70.1 ( 5.8) 19.5 ( 5.2) 2.9 ( 2.0) 7.5 ( 3.1)
SEX        
Male 86.0 ( 1.5) 13.2 ( 1.5) 0.3 ( 0.2) 0.6 ( 0.3)
Female 84.2 ( 1.2) 14.4 ( 1.1) 0.4 ( 0.2) 1.1 ( 0.3)
EMPLOYMENT STATUS        
Actively employed (FT or PT) 88.2 ( 1.2) 11.1 ( 1.1) 0.1 ( 0.1) 0.6 ( 0.3)
Student 69.2 ( 7.2) 29.1 ( 7.1) 0.0 ( 0.0) 1.7 ( 1.7)
Not employed (homemaker, retired, unemployed) 82.4 ( 1.6) 15.9 ( 1.5) 1.1 ( 0.4) 0.6 ( 0.3)
Other 71.2 ( 6.3) 22.0 ( 6.0) 0.0 ( 0.0) 6.8 ( 3.3)
GEOGRAPHIC RESIDENCE        
Resident of a free report state (CO, GA, ME, MD, MA, NJ, VT) 82.9 ( 2.6) 16.7 ( 2.6) 0.0 ( 0.0) 0.4 ( 0.3)
Resident of another state 85.1 ( 1.0) 13.3 ( 1.0) 0.5 ( 0.2) 1.1 ( 0.3)
FINANCIAL AND CREDIT REPORT EXPERIENCE        
Obtained a credit report 93.4 ( 0.9) 5.7 ( 0.8) 0.1 ( 0.1) 0.7 ( 0.3)
Did not obtain a credit report 73.0 ( 1.9) 24.8 ( 1.8) 0.8 ( 0.3) 1.4 ( 0.5)
         
Obtained credit score 96.6 ( 0.8) 2.9 ( 0.7) 0.0 ( 0.0) 0.5 ( 0.2)
Did not obtain credit score 79.1 ( 1.4) 19.0 ( 1.3) 0.6 ( 0.2) 1.3 ( 0.4)
         
Disputed information on credit report 95.9 ( 1.1) 3.5 ( 1.0) 0.0 ( 0.0) 0.6 ( 0.4)
Did not dispute credit report information 82.4 ( 1.1) 16.0 ( 1.1) 0.5 ( 0.2) 1.1 ( 0.3)
         
Had an auto or mortgage loan 93.6 ( 0.7) 6.2 ( 0.7) 0.1 ( 0.1) 0.1 ( 0.1)
Did not have an auto or mortgage loan 55.6 ( 2.9) 38.9 ( 2.8) 1.4 ( 0.6) 4.1 ( 1.1)
         
Was a victim of identity theft 87.6 ( 2.7) 12.4 ( 2.7) 0.0 ( 0.0) 0.0 ( 0.0)
Was not a victim of identity theft 84.5 ( 1.0) 13.9 ( 1.0) 0.5 ( 0.2) 1.1 ( 0.3)
         
Obtained credit report due to an adverse action 89.1 ( 2.8) 10.3 ( 2.7) 0.0 ( 0.0) 0.6 ( 0.6)
Did not obtain credit report due to an adverse action 84.4 ( 1.0) 14.1 ( 1.0) 0.4 ( 0.2) 1.0 ( 0.3)

Percent estimates totaling 100% within each demographic and experience category, with standard errors in parentheses
 
GAO-05-411SP Credit Reporting Literacy Survey Data
Full Report: GAO-05-223