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 ...

Credit card debt reached a record $1.28 trillion in late 2025. Rising balances are creating new challenges for those seeking a first home.

CHICOPEE, Mass. (WWLP) – Credit card debt in the United States has reached a record high of $1.28 trillion. Galvin testifies on rising election costs because of ballot questions The Federal Reserve ...

Household debt grew modestly in the fourth quarter of 2025, ending the year at another record high. According to the latest data from the New York Fed, household debt grew by $191 billion in Q4, a 1 ...

Credit card interest rates have soared to their highest point in at least two decades, new data reveals. The average annual percentage rate (APR) for credit card purchases hit 35.8 per cent in ...

Credit card debt isn’t going away any time soon. In fact, the latest household debt report from the Federal Reserve Bank of New York found that credit card balances rose by $44 billion in the fourth ...