Credit-card debt hit record $1.21 trillion

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 hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says
Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York. Credit card balances jumped by $45 billion in the fourth quarter of 2024, driven in part by holiday spending, and are now 7.3% higher than a year ago.
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 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
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Americans are finding it harder and harder to pay off their debt
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'Soul Crushing' Moment Gen Z Nursing Graduate Finds Out She's $110K in Debt
Amaiya Camillo will have to spend "well over $900 monthly" to pay off her debt, which she could have lingering over her until 2032.
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Average American Household Debt in 2025: Facts and Figures
were most responsible for the recent increase in delinquencies due to expensive auto payments and other loans coming due. Mortgages make up 70% of American consumer debt. That number has risen ...
Isleton leaders hope to avoid filing for bankruptcy as city faces $4 million in debt
“With or without Engine 393, the Isleton volunteer firefighters will continue to be able to respond to your emergency calls ...