US Credit Card Debt Notches New High of $1.14 Trillion

Credit card debt in America reached another record high in the second quarter of 2024, according to the latest Household Debt and Credit Report from the Federal Reserve Bank of New York. The ... Read More

Credit card debt hits record $1.14 trillion, New York Fed research ...

Collectively, Americans now owe a record $1.14 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances rose by ... Read More

US consumer credit card debt reaches $1 trillion for first time

U.S. consumers' credit card debt has exceeded $1 trillion for the first time. The Federal Reserve Bank of New York released its quarterly report on household debt and credit on Tuesday, revealing ... Read More

Credit card debt reaches record high in US - ABC News

At the end of 2021, 39% of credit card holders carried debt from month to month, but that jumped to 47% in 2023, according to data from Bankrate, a consumer financial services company. Read More

Americans' credit card debt reaches new record high: New York Federal ...

Credit card balances now stand at a record-high $1.21 trillion. Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high of $18.04 ... Read More

US credit card debt surges to more than $1 trillion for first time ever

Americans have amassed more than $1 trillion in credit card debt for the first time ever this summer, according to a report published on Tuesday by the New York Federal Reserve. REUTERS ... Read More

US credit card debt tops $1 trillion, overall consumer debt little ...

Credit card balances rose by $45 billion to $1.03 trillion in the second quarter, the regional Fed bank said in its latest quarterly household debt and credit report, reflecting robust consumer ... Read More

American credit card debt reaches milestone: More than $1 trillion balance

American consumerism and inability to live within means has reached more than $1 trillion in credit card debt. For the first time, as reported by LinkedIn, in the last quarter, Americans swiped ... Read More

"Credit card debt is above $1 trillion for the FIRST TIME EVER."

Numerically, West Virginia Gov. Jim Justice is right that national credit card debt topped $1 trillion for the first time, according to data from the New York Federal Reserve. Focusing on credit ... Read More

Credit Card Debt in the US Hits $1 Trillion for the First Time

Total bank card balances shot up $45 billion in the second quarter of 2023, according to a new report from the New York Fed. Credit Card Debt in the US Hits $1 Trillion for the First Time - CNET X ... Read More

Americans' credit card debt reaches new record high

Americans' total credit card balances now stand at a record-high $1.21 trillion, ... Contact Us; Submit a Tip; ... Americans' credit card debt reaches new record high. ABC News; Feb 13, 2025 ... Read More