US Credit Card Debt Notches New High of $1.14 Trillion

Credit card debt in America reached another record high in the second ... from the Federal Reserve Bank of New York. The outstanding balance grew to $1.14 trillion, an increase of $27 billion ... Read More

US credit card debt just hit a new record of $1.17 trillion — how can Americans dig their way out of this hole?

Surging inflation and rising costs have forced many consumers deeper into credit card debt. According to TransUnion, the average credit card borrower owed $6,380 in the third quarter of 2024 — up from ... Read More

Americans’ $1 trillion credit-card debt problem is inching in the right direction as inflation eases

While credit-card balances kept growing during the third quarter, slightly less credit-card debt fell into delinquency, according to the Federal Reserve Bank of New York. Back To Top ... Read More

US national debt hits a new record: $36 trillion

"The national debt is on course to reach a new record share of the economy within ... which totaled $1.834 trillion in fiscal year 2024. The deficit in FY2024 was $139 billion larger than ... Read More

Average American Credit Card Debt in 2024

Many or all of the products here are from our partners that compensate us ... glance, credit card debt numbers in the United States look enormous. Consumers owe a record $1.166 trillion on ... Read More

US national debt hits a new record: $36 trillion

The U.S. national debt surpassed $36 trillion for the first time in ... "The national debt is on course to reach a new record share of the economy within the next presidential term, interest ... Read More