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 ...

A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data ...

The percentage of credit card accounts that were at least 90 days past due hit a 12-year high at the end of 2024.

In the fourth quarter of 2024, U.S. credit card balances rose by $45 billion, reaching the $1.21 trillion mark — the highest ...

Consumer credit-card debt in the United States has risen along with soaring inflation and interest rates, prompting some ...

According to the New York Fed ... 14 years in January. U.S. credit card defaults jumped to a record $46 billion from January ...

According to a recent survey, 40% of Americans with credit card debt are under the impression that making minimum payments is ...

While Linge no longer has access to her financial records ... credit-card companies continue to charge high interest rates, more cardholders in debt become delinquent — and that could push the ...

as the global public debt ratio jumped to a record 99 percent of GDP. Private debt from non-financial corporations and households also reached new highs. Debt increases are particularly striking ...

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 ... and former Toys"R"Us and Target executive ...