Americans' credit card debt breaks records as household debt climbs to new heights. Fed data shows concerning trends in auto ...

While credit card debt for May 2025 technically set a record, topping May 2024 by 3 percent, it actually marks an 8 percent decline from the record for that month and is only 0.3 percent higher than ...

Under current debt projections, economists cannot even model out a functioning long-term economy.

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

Over the last several months, credit card spending has dropped, signaling that Americans may be running out of borrowing ...

Americans' Consumer Debt Hits All-Time High of $18.2 ... Credit card balances and interest rates remain near record highs." According to Rossman, credit card balances are 54% higher than they ...

Credit card balances for Americans now stand at $1.18 trillion, while total household debt increased by $167 billion to reach $18.20 trillion in the first quarter.

In early 2025, Americans made significant progress in reducing their credit card debt. According to a new report, during the first quarter of 2025, consumers in the United States paid off approxima… ...