Americans' credit card debt has reached a record high of $1.21 trillion, according to a report released by the Federal Reserve Bank of New York on Thursday (February 13). This increase is part of ...

A credit card balance is a type of revolving debt. Revolving debt affects your credit score, which is one of the reasons it’s ...

balance soars to a record-breaking high – Here's how to know if your nest egg is keeping pace. This credit card debt boom is not happening in a vacuum, however. The New York Fed reports that ...

as the global public debt ratio jumped to a record 99 percent of GDP. Private debt from non-financial corporations and households also reached new highs. Debt increases are particularly striking ...

A new WalletHub study showed several Southern California cities have the most credit card debt in the U.S. Here's why experts ...

(NEW YORK) — Americans’ household debt — including credit cards, mortgages, auto loans and student loans — is at a new all-time high $18.04 trillion, according to a report released ...

Overall debt grew by $93 billion in the last three months of 2024 -- and about half of that increase was new credit card debt. Americans' total credit card balances now stand at a record-high $1. ...