According to the Federal Reserve Bank of New York Household Debt and Credit Report, credit card balances increased by more than $400 billion between Q1 2022 and Q4 2025, one of the sharpest increases ...
Americans are carrying record-high levels of debt right now, and it's having a big impact on their finances. Total credit card balances surpassed $1.28 trillion in the last quarter of 2025, the ...
Credit card balances are growing, with average rates above 21% for accounts carrying a balance. Millions of Americans are ...
Millions of people are facing deepening credit-card debt, a new report says. People carrying a balance on their cards paid an average 22.30% annual percentage rate in the last quarter of 2025. While ...
Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. The average credit card balance per consumer in the U.S. was $6 ...
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