While credit card debt for May 2025 technically set a record, topping May 2024 by 3 percent, it actually marks an 8 percent ...

If you're struggling to pay off credit card debt, you are far from alone: One in three Americans have more credit card debt than savings both in 2023 and 2024, a Bankrate survey shows. Although ...

More Americans are leaning on their credit cards in the face of rising prices. And as interest rates continue to climb, that debt is getting a lot more expensive. The average credit card user was ...

NerdWallet also commissioned an online survey in November 2023 of more than 2,000 U.S. adults, among whom 796 currently have revolving credit card debt, or balances carried from month to month.

More than 53% of consumers say credit cards make up most of their unsecured debt. A late August 2021 survey from U.S. News & ...

As credit card debt increasingly worries a majority of Americans, many "are looking for credit counseling services," Maysam Rizvi, CEO of debt management platform Elifinty, told Newsweek.

More than half of Americans carrying credit card debt have done so for over a year. Even more concerning is that of those holding credit card debt, 10% do not think they will ever be able to pay ...

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 $18 trillion, the New York Fed found.

Late last year, USA TODAY reached out to Americans who were struggling with credit card debt. Here's how they're doing at the end of 2024.

Credit card debt has grown significantly from $770 billion in early 2021 to $1.17 trillion by the third quarter of 2024. Many Americans are struggling to save and are living paycheck to paycheck.

To Hawley’s credit, he’s correct to identify that credit card debt is a massive problem. Collectively, Americans are now carrying more than $1 trillion on their credit cards, and interest ...

Some indebted Americans are waiting for higher income to pay off their balances. According to the survey, 30% of Americans with revolving credit card debt say they plan to pay it off once they ...