Americans now owe a record $1.14 trillion in credit card debt, according to the New York Fed. Consumer Investigator Rachel DePompa talks to Bankrate about how you can keep from being buried in debt.

Credit card borrowing was the biggest contributor to rising debt as outstanding balances hit C$122bil. The average balance per consumer kept growing even as spending slowed down. The non-mortgage balance delinquency rate reached 1.4%, surpassing peak ...

Canadian credit card holders carried over C$4,300 ($3,200) in balances on average in the second quarter, according to Equifax Canada, marking the highest level since the agency began collecting the data in 2007.