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

US household debt hits $18.4T as credit card balances surge

American households are carrying a record debt load, with balances now approaching $18.6 trillion and high-interest plastic doing more of the heavy lifting than ever. The surge in credit card use is ... 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

How to keep holiday spending in check as American credit card debt reaches record high

CLINTON TWP., Mich. (WXYZ) — Americans are heading into this year's holiday season carrying more credit card debt than ever before. Paying off that debt in the New ... Read More

14 states with the highest average credit card debt

Credit card debt is a significant issue throughout the United States, but the debt load is not evenly distributed across the 50 states. Read More

What’s the Average Amount of Credit Card Debt in the U.S.?

The U.S. consumer has an average credit card balance of $6,519, according to TransUnion's October 2025 Credit Industry Snapshot Report. Meanwhile, credit card balances among all consumers rose by ... Read More

US consumers added $16B in credit card debt so far this year, preliminary data shows

U.S. consumers added $16 billion in credit card debt this year, bringing the total to an estimated $1.33 trillion. Debt growth has slightly slowed, with October 2025 8% below the all-time record for ... 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