Product Review Us Credit Card Debt Reaches $1 14 Trillion, Another New Record

US credit card debt just hit a new record of $1.17 trillion — how can Americans dig their way out of this hole?

It’s no surprise that Americans often rely heavily on credit cards to make ends meet. And with a recent period of rampant inflation, it’s equally unsurprising that credit card balances are on the rise ... Read More

With credit card debt at a record high, these balance transfer cards matter more than ever

While carrying a balance on your credit card should never be your first choice, it's growing increasingly unavoidable for many Americans. The most recent New York Fed report on household debt and ... Read More

US credit card debt now over $1 trillion. How to cut down your debt

For the first time, credit card debt balances surpassed the $1 trillion mark, the New York Federal Reserve Bank reported this week. Americans borrowed more than ever on credit the last quarter, as ... Read More

Americans' credit card debt reaches record high

Americans are carrying more debt than ever before, as total household balances across mortgages, auto loans, credit cards, and student loans hit a record $18.59 trillion between July and September, ... Read More

Americans' household debt hits new record high, according to report

The debt includes mortgages, car loans, credit cards and student loans. Americans’ household debt levels – including mortgages, car loans, credit cards and student loans – are now at a new record high ... Read More