Credit-card debt hit record $1.21 trillion

Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says
Credit card balances rose in the fourth quarter of 2024, the New York Fed found. Consumer spending continues to remain strong, despite high borrowing costs.
One-third of Americans have more credit card debt than emergency savings: Survey
A new survey from Bankrate revealed that 33 percent of U.S. adults have more credit card debt than emergency savings. That number is down from 36 percent in 2024 and 2023.
Credit-card debt hit record $1.21 trillion after unusual holiday unptick in 2024
Credit-card debt in the U.S. hit another record after an unusually-high increase following the holidays. Debt from credit cards reached $1.21 trillion i
Credit card debt hits a new record high: 3 ways to tackle yours now
Credit card debt has skyrocketed in recent months, and if you're carrying a balance, it's time to fix the issue.
Americans' credit card debt reaches new record high: New York Federal Reserve
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.
This Week In Credit Card News: Credit Card Debt Still At Record Levels
The latest quarterly figures show that credit card debt hit another record level . getty. Americans Struggle With Record Credit Card Debt U.S. credit card debt reached a record $1
NY Fed finds rising consumer debt amid some fraying for car loans
By Michael S. Derby (Reuters) -Overall debt levels held by Americans rose modestly in the final quarter of last year on a ...
Experian study: Average U.S. consumer debt and statistics
Experian examined representative and anonymized credit data through Q3 2024 to identify trends within average and total debt ...
Forbes4d
How To Consolidate Credit Card Debt
Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
A bill would cap credit card rates at 10%, echoing a Trump pledge. Are there downsides?
A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will ...
The New York Times7d
Why Transferring Credit Card Debt Won’t Pay It Off
By Ann Carrns Credit card debt is weighing on many Americans ... “Credit card performance is showing signs of consumer stress,” the bank’s report said. Adding to the stress is the fact ...
The Motley Fool4d
Average American Household Debt in 2024: Facts and Figures
Credit card and auto loan delinquency rates have ... Household Debt and Credit Survey (HHDC) shows that total consumer debt stands at $17.943 trillion as of the third quarter of 2024.
fingerlakes15h
New York ranks 7th in U.S. for rising consumer debt
The report, based on WalletHub’s proprietary data, examines trends in credit card, auto loan, and personal loan debt across the U.S. In New York, the average credit card balance surged by 3.66% to ...
US Consumer Debt Delinquency Hits Highest in Almost Five Years
The share of outstanding US consumer debt that’s in delinquency rose in the fourth quarter to the highest in almost five ...