Credit Karma Reports June Debt Decline

Consumers' credit card debt fell in June, according to a report from Credit Karma Inc.

The average consumer was carrying $6,938 in card debt in June, down by $134 from the prior month, according to the San Francisco company's monthly Credit Score Climate Report, released last week.

Credit Karma also found that credit scores increased for 38% of consumers in June compared, with 39% in May and 41% in April, based on data from approximately 44,000 Credit Karma users. The company's Web site helps people track their credit scores.

Nationally, credit scores increased for 38% of consumers in June, compared with 39% in May and 41% in April, according to data from approximately 44,000 Credit Karma user scores.

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