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 ...

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 ...

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

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

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 ...

Many featured companies advertise with us. How we make money ... pay the bills following high inflation in recent years. A credit card balance is a type of revolving debt. Revolving debt affects ...

For example, a consistent record of on-time credit card payments can mean you can handle your debt on your own. However, if the balances on your credit cards are growing because of their high ...