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.

Surging inflation and rising costs have forced many consumers deeper into credit card debt. According to TransUnion, the ...

Americans' household debt levels, including credit card debt, rose to new all-time ... an all-time high. Credit card balances rose by $45 billion from the prior quarter to reach $1.21 trillion at the ...

pushing the country’s credit card debt to a new record high. High interest rates, stubborn inflation and continued consumer spending are among the factors that have lifted collective credit card ...

Mary Gilmore, Staff Writer This month the New York Federal Reserve released a report citing American credit card debt has reached an astonishing $1.21 trillion which shatters its previous records.

The most recent report from the Federal Reserve Bank of New York reveals that credit card debt in the United States has reached a record high of $1. ... economies of the US and India are one ...

balance soars to a record-breaking high – Here's how to know if your nest egg is keeping pace. This credit card debt boom is not happening in a vacuum, however. The New York Fed reports that ...

A newly-released report shows credit card debt ... record levels, with Americans owing more than $1.2 trilling at the end of 2024. The data, released Thursday by the Federal Reserve Bank of New ...

The Federal Reserve Bank of New York reported that US credit card debt reached a new record high of $1.21 trillion in the fourth quarter of 2024, with over 7% of balances turning into delinquency.

Credit card debt has become a massive issue for Americans ... $1.21 trillion on their credit cards — signaling a new record high and an increase of $45 billion from the prior quarter.

Americans' credit card debt has reached a record high of $1.21 trillion, according to a report released by the Federal Reserve Bank of New York on Thursday (February 13). This increase is part of ...

Americans' household debt levels, including credit card debt, rose to new all-time ... prior quarter to reach $1.21 trillion at the end of December, which is also a record high.