US credit card debt hits record high as household borrowing climbs
American consumers ended the year with a new record in credit card borrowing, as balances rose sharply in the final quarter. Data from the Federal Reserve Bank of New York shows credit card debt ...
Household Debt at New High, According to Latest Fed Report
The report indicates a divergence in financial well-being as debt and delinquencies rise for some but not others.
Americans' credit card and household debt reach all-time high
Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt ...
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Credit card debt reaches $1.23 trillion; how consumers are recovering financially
JANUARY IS FINANCIAL WELLNESS MONTH, WITH STATISTICS SHOW AMERICANS ARE STARTING THE NEW YEAR WITH A RECORD 1.23 TRILLION IN ...