Credit card debt hits a new record high

Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says
Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York. Credit card balances jumped by $45 billion in the fourth quarter of 2024, driven in part by holiday spending, and are now 7.3% higher than a year ago.
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.
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]
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
3 simple ways to take control of your credit card debt this February
Between today's high rates and the recent uptick in spending, it's time to get your credit card debt under control.
Would you date someone with credit card debt? Here's what Americans say
A new survey reveals how Americans view credit card debt in relationships, with some saying it's a dealbreaker and others setting financial limits.
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 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.
Americans are finding it harder and harder to pay off their debt
Americans are having a harder time managing rising debt burdens and in some cases haven’t been this overextended since the aftermath of the Great Recession.
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