Credit card balances first surpassed $1 trillion last August. Americans are also taking more debt when they're buying cars. Auto loan balances rose by $12 billion in the fourth quarter to $1.61 ...

Credit card debt has skyrocketed in recent months, and if you're carrying a balance, it's time to fix the issue. advertisement. Credit card debt hits a new record high: 3 ways to tackle yours now.

The average credit card annual percentage rate, or APR, hit a new record of 20.72% last week, according to a Bankrate database that goes back to 1985. The previous record was 19% in July 1991.

Credit card debt hit a record $1.21 trillion — here's why ‘no one should be surprised,' expert says By Jessica Dickler, CNBC • Published February 13, 2025 • Updated on February 13, 2025 at ...

The New York Federal Reserve Bank's Quarterly Report on Household Debt and Credit, slated for release on Tuesday morning, is expected to show that credit card debt hit a new record during the ...

Americans' outstanding credit-card debt hit a record in November, highlighting a more confident U.S. consumer but also flashing a warning signal of potential trouble down the road. Revolving ...

In the last quarter of 2022, credit card balances increased by $61 billion to $986 billion, a record high according to the New York Federal Reserve Bank's Quarterly Report on Household Debt ...

Americans now owe a record $1.14 trillion in credit card debt, according to the New York Fed. Consumer Investigator Rachel DePompa talks to Bankrate about how you can keep from being buried in debt.

(InvestigateTV) — Americans now owe a record $1.14 trillion in credit card debt, according to the New York Fed. That is an increase of 48% from 2021 and up 11% from August 2023. Ted Rossman with ...

Credit card balances rose by $45 billion in the second quarter, according to the report, resulting in a peak $1.03 trillion. In the first quarter, that number was $986 billion, making this a 4.6% ...

Americans now owe a record $1.14 trillion in credit card debt, according to the New York Fed. Consumer Investigator Rachel DePompa talks to Bankrate about how you can keep from being buried in debt.