Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York. Credit card balances ...

Credit card debt reached a milestone we shouldn’t ignore. Americans’ outstanding balances swelled to $1.17 trillion in the third quarter, up by $24 billion from the previous three-month period ...

But these highs, coupled with collective credit card debt hitting a record $1.21 trillion, "indicate greater consumer stress," according to the report. These are just the latest indicators that ...

Americans' credit card debt continues to climb, hitting a fresh record at the end of September, according to a new report from the New York Federal Reserve. Total credit card debt rose to $1.17 ...

One of the most important things to remember is that Americans must contend with more than credit card debt. As of the end of 2024, there was over $1.804 trillion in outstanding mortgages ...

Americans' total credit-card debt ticked up to $1.14 trillion, a new record high, according to the New York Fed's household-debt and credit report. The data also showed that about 7.18% of credit ...

Heading into the holidays, many Americans were already saddled with record-breaking credit card debt. And yet, consumer spending is set to reach a fresh high this season. The National Retail ...

Overall debt grew by $93 billion in the last three months of 2024 -- and about half of that increase was new credit card debt, according to the report.

Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York. Credit card balances ...

"No one should be surprised that credit card debt hit another record high," said Matt Schulz, chief credit analyst at LendingTree and the author of "Ask Questions, Save Money, Make More." ...