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 ...

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

US Credit Card Debt Notches New High of $1.14 Trillion The overall balance rose $27 billion in the second quarter of 2024, and credit card APRs also sit at record highs.

Carrying high credit card debt relative to your total credit limit can damage your credit score, making borrowing money even more expensive and trapping you in a terrible cycle.

This holiday season has come with a hefty price tag: record-high credit card debt. Over a third of (36%) of American consumers took on holiday debt, according to a new survey from LendingTree ...

Experts are sounding the alarm over a new report indicating credit card loan defaults soared this year, warning the dam is about to break on Americans' record-high consumer debt.

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.

Americans' total credit card balances now stand at a record-high $1.21 trillion, the report said.

Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high of $18.04 trillion, according to a report released Thursday by the Federal ...

Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high of $18.04 trillion, according to a report released Thursday by the Federal ...