Surging inflation and costs have pushed many consumers deeper into credit card debt. In Q4 2024, the average credit card ...

Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.

Credit card debt has fallen off record highs to $1.182 trillion. Credit card debt rose in two out of the last eight quarters and now accounts for nearly 6.5% of all debt held by Americans.

Americans' consumer debt hit an all-time high in the Q1 2025, according to the Federal Reserve Bank of New York's "Quarterly Report on Household Debt and Credit." The report, which was released ...

Late credit card payments reached record highs at the end of last year ... and consumers always carry more credit card debt during the holiday shopping season. Longer term: “Both credit ...

Household debt hit a record $18.2 trillion in the first quarter: NY Fed Student loan delinquency rates surged as reporting resumed Credit card balances fell in Q1 following holiday spending spree ...

followed by an accelerated rise to current record levels. This growing reliance on minimum payments comes as Americans’ collective credit card debt reached an unprecedented $1.21 trillion by the ...

WPTV sought your thoughts on the challenges surrounding credit card debt, and we're making it a priority to address your ...

Credit card issuers want us to take vacations we can’t afford and buy things we do not need and cannot pay for with cash. And, ironically, the more credit card debt ... had no record of him ...

The bad news is that it still hovers around 20%, just under the 23% record high it hit last fall. So if you have credit card debt, you're likely paying more to maintain it than you ever have before.

First-quarter GDP and debt-to-GDP ratio data will be released on May 8. “Moreover, the country’s recent credit rating upgrades and reaffirmations underscore strong investor confidence in the country’s ...