Credit Card Debt Trend

credit card, American

Minimum credit card payments are rising: How to tackle your card debt now

A mericans are increasingly struggling with their credit card debt, with the number of cardholders making minimum-only payments painting a concerning picture of consumer financial

Hosted on MSN · 4d

American credit card debt pushes to new record high once again

Following the trend of the last several months, Americans’ household debt has increased once again to new record highs, according to the Federal Reserve Bank of New York.

News Tribune · 7d

Americans Now Hold a Record $1.2 Trillion in Credit Card Debt

The good news: Americans took on less credit card debt in the quarter with balances rising by $45 billion, which compares to a $50 billion increase in the fourth quarter of 2023. Credit card balances will likely decrease again in the first quarter of 2025, based on seasonal post-holiday trends.

Fox Business on MSN · 3d

Americans' credit card and household debt reach all-time high

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

CBS Miami on MSN · 3d

Americans face uphill battle when it comes to managing rising debt

A new report by the Federal Reserve Bank of New York shows all major loan categories are on the rise, with credit card balances topping $1.2 trillion-dollars.

6don MSN

Nearly every retirement-age American is in debt. How it happened, and how to cut costs.

That old adage, ‘Retire without debt,’ may be going the way of the electric typewriter. Nearly every retirement-age American has debt.

KHON Honolulu on MSN2d

1 in 3 Americans say debt is causing health problems: How it’s impacting Hawaiʻi

Americans, including residents of Hawaiʻi, are swimming in debt with one in three Americans saying that their health is being ...

2don MSN

US household debt hits record high: What’s driving the surge and are Americans struggling to repay?

US household debt soared to a record high of $18.04 trillion in Q4 2024,, driven by surging credit card balances. While ...

How Americans Will Prioritize Their Finances in 2025: Spending, Saving And The Debt Dilemma

The financial landscape in 2025 is shaping up to be anything but predictable. With shifting economic policies, lingering ...

Tulsa World3d

7 insights from 2024's credit card debt trends to help you in 2025 | PennyWise podcast

In this episode of PennyWise, host Nat Cardona welcomes NerdWallet's Sarah Rathner to discuss the findings from the 2024 American Household Credit Card Debt Status Study. As we transition into ...

Americans have always sought debt relief after the holidays. Now their struggle is year-round.

Unaffordable car loans and ballooning credit card debt are leading more people to seek debt relief year-round, not just after ...

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