Americans have record credit card debt Americans’ credit card balances have reached a new high of $1.08 trillion, marking a 5% spike in debt in the third quarter of this year.

Key Points ・Credit card debt declined slightly in Q1 2025 but remains historically high at $1.18 trillion. ・Delinquency rates continue to climb, with younger adults carrying the highest risk ...

Credit card debt in the U.S. has hit $1 trillion for the first time on record. The Federal Reserve Bank of St. Louis reported more than $1 trillion in total balances on credit cards and other ...

US consumer borrowing increased in May at the slowest pace in three months on a pullback in credit card and other revolving debt outstanding. Total credit outstanding rose $5.1 billion, with ...

American credit card debt has surged to an astronomical $1.18 trillion, with a significant number of individuals reportedly concealing their financial predicaments. What Happened: Nearly 40% of ...

A new survey finds 23% of credit card debtors believe they’ll never be debt-free, with most citing emergency expenses and everyday costs as the main cause.

Private US companies are struggling with high debt loads, with bankruptcies hitting their highest level since 2010 last year, and 2025 is expected to be another record year. Expensive debt and ...