US household debt ballooned by $167 billion in the first quarter of 2025, bringing the total to a record $18.2 trillion, ...

Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.

But these highs, coupled with collective credit card debt hitting a record $1.21 trillion, "indicate greater consumer stress," according to the report. These are just the latest indicators that ...

U.S. consumers carry a lot of credit card debt, and given the interest rates associated with credit cards, this can be extremely detrimental to their financial health. So, it’s important to try ...

Late credit card payments reached record highs at the end of last year ... and consumers always carry more credit card debt during the holiday shopping season. Longer term: “Both credit ...

Nearly half of credit card debt holders say they carry a balance because of emergency or unexpected expenses. Only about 10% say they’ve carried credit card debt for retail or entertainment ...

followed by an accelerated rise to current record levels. This growing reliance on minimum payments comes as Americans’ collective credit card debt reached an unprecedented $1.21 trillion by the ...

In 2024, a rising number of credit card users only paid down their mandatory payments each month. That has already left a record level of debt swashing through the US system. Meanwhile ...