The percentage of credit card accounts that were at least 90 days past due hit a 12-year high at the end of 2024.

Surging inflation and costs have pushed many consumers deeper into credit card debt. In Q4 2024, the average credit card ...

Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.

Late credit ... records. Short term: “There is a little bit of a seasonal element to it,” said Kish. This data is from the end of 2024, and consumers always carry more credit card debt ...

About 48% of Americans report that they have credit card debt, according to a new survey by Bankrate. On top of that, some ...

Credit card balances fell by $29 billion, or about 2%, last quarter, according to the New York Fed's report on household debt ...

Nearly half of credit card debt holders say they carry a balance because of emergency or unexpected expenses. Only about 10% say they’ve carried credit card debt for retail or entertainment ...

Over 11% of Americans with accounts at the country’s largest banks only made the minimum payment on their credit card bill in the fourth quarter of 2024, a record since the Federal Reserve Bank of ...

And with a recent period of rampant inflation, it’s equally unsurprising that credit card balances ... noting that consumer debt is on the rise. Mortgage balances hit $12.61 trillion during ...