Household debt reached a record high in July as balances on credit cards, auto loans, and other credit continued to mount.

The total credit card debt nationwide hit a record $1.14 trillion in the second quarter of 2024, according to the report — up by about $27 billion compared to just one year ago. That represents ...

The increase puts Americans' credit card debt at a record $1.14 trillion. And it's not just the high amount that Americans collectively owe; it's also getting harder for consumers to pay their ...

Americans now owe a record $1.14 trillion in credit card debt, according to the New York Fed. Consumer Investigator Rachel ...

A new report reveals Americans now have a whopping $1.14 trillion in credit card debt, which is a 5.8% increase from just a year ago ...

Americans' total credit-card debt ticked up to $1.14 trillion, a new record high, according to the New York Fed's household-debt and credit report. The data also showed that about 7.18% of credit ...

Meanwhile, household debt, credit card balances, car loans and delinquencies have climbed under the Biden-Harris administration. Delinquency transition rates for credit cards, auto loans ...

MMI is a nonprofit organization that provides free financial counseling and debt management services. They work directly with credit card companies to negotiate lower interest rates and consolidate ...

A recent study by Bankruptcy Canada has revealed alarming trends in Canadian household debt and insolvency. Canadian households have accumulated a record $2.41tn in debt, with 26 percent, or $626.6bn, ...

After two days of record sales in the US blue-chip corporate debt market, another 11 companies are looking to sell bonds on ...

according to the latest Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit. Credit card balances increased by $27 billion to a record $1.14 trillion in the second ...