The percentage of credit card accounts that were at least 90 days past due hit a 12-year high at the end of 2024.

Surging inflation and costs have pushed many consumers deeper into credit card debt. In Q4 2024, the average credit card ...

Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.

Late credit card payments ... are colliding to set records. Short term: “There is a little bit of a seasonal element to it,” said Kish. This data is from the end of 2024, and consumers always carry ...

About 48% of Americans report that they have credit card debt, according to a new survey by Bankrate. On top of that, some ...

Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, ...

Nearly half of credit card debt holders say they carry a balance because of emergency or unexpected expenses. Only about 10% say they’ve carried credit card debt for retail or entertainment ...

A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data ...

And with a recent period of rampant inflation, it’s equally unsurprising that credit card balances ... noting that consumer debt is on the rise. Mortgage balances hit $12.61 trillion during ...