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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 ...
Americans' household debt levels, including credit card debt, rose to new all-time ... prior quarter to reach $1.21 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.
The percentage of credit card accounts that were at least 90 days past due hit a 12-year high at the end of 2024.
A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data released by Apollo Global Management Inc. Chief Economist Torsten Slok.
Credit card debt is a double-edged sword: the longer you carry a balance (or multiple balances), the more interest you accrue. Carrying high credit card debt relative to your total credit limit ...
About 48% of Americans report that they have credit card debt, according to a new survey by Bankrate. On top of that, some ...
The percentage of credit card accounts getting just the minimum monthly payment is also at a record high. The Philadelphia ... always carry more credit card debt during the holiday shopping ...
According to the New ... credit card defaults jumped to a record $46 billion from January through September 2024, according to data analyzed by BankRegData. With high levels of credit card 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 ...