Americans' credit card debt has reached a record high of $1.21 trillion, according to a report released by the Federal Reserve Bank of New York on Thursday (February 13). This increase is part of ...

Despite record-high annual percentage rates (APRs) for consumers, credit card debt grew at a slower rate in 2024 than it did ...

Americans' household debt levels, including credit card debt, rose to new all-time ... prior quarter to reach $1.21 trillion at the end of December, which is also a record high.

A credit card balance is a type of revolving debt. Revolving debt affects your credit score, which is one of the reasons it’s ...

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about ... and former Toys"R"Us and Target executive ...

as the global public debt ratio jumped to a record 99 percent of GDP. Private debt from non-financial corporations and households also reached new highs. Debt increases are particularly striking ...

(NEW YORK) — Americans’ household debt — including credit cards, mortgages, auto loans and student loans — is at a new all-time high $18.04 trillion, according to a report released ...

Overall debt grew by $93 billion in the last three months of 2024 -- and about half of that increase was new credit card debt. Americans' total credit card balances now stand at a record-high $1. ...