Credit card debt hits record high

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.
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
America's Credit Card Debt Hits $1.2 Trillion
High interest rates, stubborn inflation and continued consumer spending are among the factors that have lifted collective credit card debt to an all-time high of $1.21 trillion, a
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
NerdWallet3d
Free Budget Template and Tips For Getting Started
Be sure to include credit card debt, medical debt and other kinds of ... Zero-based budget: People who overspend or are meticulous about tracking their cash flow may benefit from a ...
How to use your year-end credit card summary to audit your finances
Before you toss your year-end credit card summary, take a closer look for valuable insights into your finances.
Forbes16d
Debt Avalanche Calculator
Frankel simplifies credit card strategies ... is called “rolling down debt” or “the debt avalanche method” and can be an effective strategy to keep you on track to eliminating debt.
CNBC17d
Credit card debt in the U.S. hits all-time high of $930 billion—here's how to tackle yours with a balance transfer
Credit card debt hit a record high of $930 billion for ... Older Americans (50+) have delinquency rates below 5%, which tends to track with their increased wealth compared to younger generations.