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 ...

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

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

Americans' household debt levels, including credit card debt, rose to new all-time ... prior quarter to reach $1.21 trillion at the end of December, which is also a record high.

Nearly half of Americans are carrying credit card debt, according to a recent Bankrate survey, and with interest rates ...

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 ...

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 ... reasons why 82% of US adults use credit ...

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 are drowning in debt — to the tune of a record-breaking ... the U.S. is at an all-time high, hitting $18 trillion in the fourth quarter of 2024. Credit card debt is more common than ...

Fees for Visa and Mastercard credit cards, which make up more than 80% of the credit card market, generated the majority of last year's swipe fees at $111.2 billion, up from $100 billion the ...