Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt ...
NerdWallet's American Household Credit Card Debt Study found an uptick in credit card debt between 2024 and 2025 — by 3.49%. Even worse is that, as of March 2025, a household with credit card debt had ...
Consumer spending appears strong, but rising household debt is driving legal stress. LegalShield Index hits a post-pandemic ...
Americans continued to add to their debt at the end of last year - and grew their credit card balances at record rates, according to data released Thursday by the Federal Reserve Bank of New York.
The report indicates a divergence in financial well-being as debt and delinquencies rise for some but not others.
NerdWallet’s annual look at household debt finds that credit card debt is up nearly 16% compared with last year, for a total of more than $1.2 trillion, as of September 2023. [1] Mortgages, auto loans ...
Collectively, Americans owe $1.28 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.
U.S. household debt hits $18.8T as delinquencies rise.
Household debt has quickly become a growing problem within our nation. According to the Federal Reserve Bank of New York, at the end of the third quarter, total household debt in the U.S. reached a ...
Total U.S. household debt rose to over $18 trillion in the first quarter of 2025, while credit card debt decreased. Only 51% of U.S. households spent less than their income in 2024, with 22% ...
While credit card balances have not materially increased, household cost pressures appear to be intensifying. Navicore’s analysis found that housing and essential living expenses rose 6% in 2025, ...