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US credit card debt hits record $1.17 trillion

Credit card debt surges to another record high, New York Fed data shows

U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York Federal Reserve data.

MarketWatch on MSN · 22h

Americans’ $1 trillion credit-card debt problem is inching in the right direction as inflation eases

Americans are still building up their credit-card balances, but they’re doing a better job paying those bills on time — and it could be sign that inflation’s bite is easing.

CNBC on MSN · 1d

Credit card debt hits record $1.17 trillion, New York Fed research shows

Collectively, Americans owe a record $1.17 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. Still, credit card delinquency rates improved in the most recent quarter,

NBC News on MSN · 17h

Americans borrowing more than ever as debt level hits record

Americans have racked up record levels of credit card debt, which is up 8 percent from a year ago. Many borrowers have fallen behind in paying their payments. NBC News' Christine Romans reports.

Household debt at record levels

CNN on MSN · 15h

Americans’ debt is growing — but so are incomes

Americans are continuing to pile on debt at record levels — but for many households, those IOUs are completely manageable, according to new data released Wednesday.

Seattle Times · 19h

Household debt at record levels as lower-income Americans feel squeeze

U.S. household debt climbed to a fresh high last quarter, with rising incomes leaving many consumers able to manage the burden as lower-income groups showing signs of financial strain. Higher debt levels for mortgages, auto loans, credit cards and student ...

Bloomberg on MSN · 1d

Household Debt at New Record Is Squeezing Low-Income Americans

US household debt climbed to a fresh high last quarter, with rising incomes leaving many consumers able to manage the burden, but lower-income groups showing signs of financial strain.

Everyday Americans Keep Racking up Debt and Missing Payments

In the third quarter, household debt soared by $147 billion, with increases across mortgages, credit cards, and auto loans.

Marketplace19h

Household debt is up, but Americans are in a better spot to pay it

Household debt in the U.S. ticked up slightly in the third quarter of 2024, reaching nearly $18 trillion, according to data ...

16h

Nearly half of Americans say debt is affecting their health: Study

The study also found that Americans are struggling to keep up. A majority of Americans (58%) admitted they are struggling to ...

3hon MSN

He was struggling as debt swallowed his newspaper. His 'immortal' Lincoln MKS saved him.

When Douglas Burns of Carroll, Iowa, purchased his 2013 Lincoln MKS, it marked the peak of a storied career as a ...

23h

Red sweep may speed US debt ceiling deal, stoke long-term bond worries

A unified government under Donald Trump may offer investors reprieve from the bruising battles around the U.S. debt ceiling ...

22hon MSN

Student Loan Debt Relief Has Been A 'Lifeline' For Borrowers, Survey Says

After the COVID-19 payment pause ended, federal student loan borrowers were pushed into payments, and a recent survey found ...

1don MSN

With Trump's win, student debt relief is in question. Here's what to know.

President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe." ...

19hon MSN

Banks flood US debt market in biggest single-day raise since 2016, BMO says

Banks raised $23.5 billion by issuing investment-grade bonds on Tuesday, the biggest debt issuance by financial institutions ...

Hosted on MSN2h

Retiring Broke? New Study Shows Less Savings & More Debt in 2024

The prevalence of outstanding credit card debt increased substantially compared with 2022 and 2020. In 2024, 68% of ...

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US credit card debt hits record $1.17 trillion

Household debt at record levels

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