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 ...

Americans continued to add to their debt at the end of last year - and grew their credit card balances at record rates, according to data released Thursday by the Federal Reserve Bank of New York.

(Stacker) - Monthly credit card statements are causing consumers ongoing stress and concern. After years of high inflation and rising interest rates, consumers are having trouble keeping up with their ...

Some consumers are burning through pandemic-era savings, experts said. Credit card debt climbed to a record high in the third quarter of 2023, surging nearly 5% from the previous quarter and leaving a ...

After years of high inflation and rising interest rates, consumers are having trouble keeping up with their credit card bills. According to industry data compiled by BankRegData, nearly 3 in 4 ...

The percentage of credit card accounts that were at least 90 days past due hit a 12-year high in the fourth quarter of 2024. According to data from the Federal Reserve Bank of Philadelphia, 0.90% of ...