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Credit card debt in the US jumped $24 billion to a record $1.17 trillion in the third quarter of 2024 – 8.1% higher than a year ago, according to a report from the Federal Reserve Bank of New York.

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U.S. household debt hit a record $18.04 trillion in February, including a record-high $1.21 trillion in credit card debt ... out of the woods until Trump reaches new tariff deals across the ...

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