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Average Outstanding Balance

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Average Outstanding Balance
The balance still owed on a portfolio of credit cards divided by the number of credit card accounts represented in the portfolio. Investors considering buying a credit card portfolio may look at the average outstanding balance to measure the potential profitability of the investment.


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Despite the increase in origination volume, the average outstanding balance for the portfolio of receivables held for investment decreased 21.
The average outstanding balance for those with debt was pounds 3,390.
When looking at CSCU credit unions' averages, active account percentages were at an all-time high, well in excess of 60%, and average outstanding balances increased a solid 7%.
 
 
 
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