Credit card debt hits record high

Credit card debt hit a record $1.21 trillion — here's why ‘no one should be surprised,' expert says
Credit card balances rose in the fourth quarter of 2024, the New York Fed found. Consumer spending continues to remain strong, despite high borrowing costs.
This Week In Credit Card News: Credit Card Debt Still At Record Levels
Americans Struggle With Record Credit Card Debt U.S. credit card debt reached a record $1.17 trillion in the third quarter of 2024, growing from $770 billion in the first quarter of 2021 and the share of active credit card holders making just minimum payments rose to 10.75%, the highest percentage ever in data going back to 2012. [ The Guardian]
Americans' credit card debt reaches new record high: New York Federal Reserve
Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.
Credit card debt hits a new record high: 3 ways to tackle yours now
Credit card debt has skyrocketed in recent months, and if you're carrying a balance, it's time to fix the issue.
This is what Americans owe on their credit cards: Fed
Americans are facing unprecedented levels of household debt, with credit card balances hitting a record high. The Federal Reserve Bank of New York's latest report sheds light on the factors contributing to this surge and what it means for the economy.
Credit-card debt hit record $1.21 trillion after unusual holiday unptick in 2024
Credit-card debt in the U.S. hit another record after an unusually-high increase following the holidays. Debt from credit cards reached $1.21 trillion i
US Consumer Debt Delinquency Hits Highest in Almost Five Years
The share of outstanding US consumer debt that’s in delinquency rose in the fourth quarter to the highest in almost five ...
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5 credit card trends to watch for in 2025
“In my view, the CFPB in the last year has done a lot of ... According to TransUnion’s 2025 Consumer Credit Forecast, credit card balances and delinquency rates will still increase, but ...