Credit scores improved as credit card debt increased for many consumers in October, according to a report by Credit Karma Inc., a San Francisco company whose Web site tracks credit scores.

Although major card issuers reported significantly lower credit spending volume for the third quarter, Credit Karma said Wednesday that the average consumer had $7,573 in credit card debt last month, up 14% from $6,641 in September.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.