America's Debt Problem Is Getting Worse--Debt Awareness Week Wants People to Pay Attention

As credit card debt climbs to $1.23 trillion and auto, retail, and student loan balances continue to rise, American ...

When retirement is 19 credit cards and $40,000 in debt away

Susan Cannon, 73, owes nearly $40,000 across 19 credit cards. High interest rates are preventing her from retiring.
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I have $25K in credit card debt and no savings — friends say I should make minimum payments and focus on building an emergency fund. Are they right?

Credit card debt in America is at an all-time high, hitting $2.21 trillion in the second quarter of 2025, according to the Federal Reserve. By July, the average American owed $6,492 on credit cards.
Niners Wire

Many struggling with credit card debt face $904 a month shortfall

Farmington Hiills-based GreenPath Financial Wellness sees many consumers who turned to credit cards to make ends meet once prices shot up.

‘Am I doomed forever?’ Credit card debit is overwhelming wealthier, educated Americans as prices stretch middle-class budgets. How to tackle your debt

Even households long considered financially secure are feeling the pressure.
ABC7 San Francisco

Household debt in America has hit a record high: Report

Americans' household debt levels including mortgages, car loans, credit cards and student loans are now at a new record high, according to data released Wednesday by the Federal Reserve Bank of New ...