The overall balance rose $27 billion in the second quarter of 2024, and credit card APRs also sit at record highs. ... US Credit Card Debt Notches New High of $1.14 Trillion. Story by Nick Wolny ...

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 may be climbing, but the situation is far from hopeless. US credit card debt hit a record of $1.21 trillion — how can Americans dig their way out of this hole? Skip to main content ...

As of late 2024, credit card interest rates reached a record high of nearly 22 percent. When borrowers aren’t paying off their monthly balances and overextending on purchases, they can still ...

According to the New York Fed, Americans hold a collective $1.2 trillion in credit card debt. Of those debt holders, 64% say they’ve delayed or avoided other big financial decisions because of ...

Americans tidied up their household balance sheets to start 2025, cleaning up some credit card and auto loan debt, new data showed Tuesday. CNN values your feedback 1.

Household debt in the U.S. is at an all-time high, hitting $18.2 trillion in the first quarter of 2025. Credit card debt is more common than mortgage debt — only 40.9% of U.S. families have a ...

Late credit card payments have hit a record high: Here's how to tackle outstanding debt Past-due payments on auto and student loans are also breaking records. Published Sat, Apr 19 2025 ...

Usually, getting a new credit card can be difficult if you have too much card debt, but this bank customer ran into an issue because he had no debt at all. Kiplinger Save up to 74% ...