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 ...

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

In the fourth quarter of 2024, U.S. credit card balances rose by $45 billion, reaching the $1.21 trillion mark — the highest ...

Consumer credit-card debt in the United States has risen along with soaring inflation and interest rates, prompting some ...

Nearly half of Americans are carrying credit card debt, according to a recent Bankrate survey, and with interest rates ...

Americans' credit card debt reached a new high this summer, according to a new report from the New York Federal Reserve released Tuesday. Credit card balances rose by $45 billion in the second ...

Americans are drowning in debt — to the tune of a record-breaking ... the U.S. is at an all-time high, hitting $18 trillion in the fourth quarter of 2024. Credit card debt is more common than ...

Many or all of the products here are from our partners that compensate us ... At first glance, credit card debt numbers in the United States look enormous. Consumers owe a record $1.211 trillion ...

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 ...

Many featured companies advertise with us. How we make money ... pay the bills following high inflation in recent years. A credit card balance is a type of revolving debt. Revolving debt affects ...