Credit card debt hits a new record high

1 in 10 Americans would not date someone with credit card debt, survey finds | What's the Deal?
On the flip side, Sara Rathner, with NerdWallet, said 90% of Americans do not consider credit card debt to be a deal-breaker.
Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says
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 jumped by $45 billion in the fourth quarter of 2024, driven in part by holiday spending, and are now 7.3% higher than a year ago.
Credit card debt hits a new record high: 3 ways to tackle yours now
Credit card debt has skyrocketed in recent months, and if you're carrying a balance, it's time to fix the issue.
Americans' credit card debt reaches new record high: New York Federal Reserve
Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.
This Week In Credit Card News: Credit Card Debt Still At Record Levels
The latest quarterly figures show that credit card debt hit another record level . getty. Americans Struggle With Record Credit Card Debt U.S. credit card debt reached a record $1
America's Credit Card Debt Hits $1.2 Trillion
High interest rates, stubborn inflation and continued consumer spending are among the factors that have lifted collective credit card debt to an all-time high of $1.21 trillion, a
Credit-card debt hit record $1.21 trillion after unusual holiday unptick in 2024
Credit-card debt in the U.S. hit another record after an unusually-high increase following the holidays. Debt from credit cards reached $1.21 trillion i
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
Martin Lewis on 0% balance transfers and how they can help cut credit card debt
Martin Lewis has shared his advice for credit card holders to save thousands with a simple cost-cutting switch. The money ...
3 Perks of Keeping a Credit Card Open for 10 Years
You can boost your credit score and enjoy some benefits of being a loyal customer. Here's how -- and how to decide when to close a credit card.
USA Today6d
A bill would cap credit card rates at 10%, echoing a Trump pledge. Are there downsides?
Those customers often pay the highest rates. Card companies make money on the interest. The revenue also protects them against losses to consumers who don’t pay the money back. Default rates ...
The New York Times8d
Why Transferring Credit Card Debt Won’t Pay It Off
you can download transactions from your online account into a spreadsheet — to sum up where your money is going. Even people with higher incomes can fall into a card overspending trap ...
The Motley Fool13d
The 4 Biggest Credit Card Mistakes That Are Costing You Money
If you're not taking full advantage of your credit card rewards, you're leaving money on the table. Some of the best rewards cards offer cash back, travel perks, and bonus points, but you have to ...
NerdWallet2d
Best Credit Cards of February 2025
Our opinions are our own. The best credit card is one that's best aligned with your specific needs. NerdWallet's credit card experts have reviewed and rated hundreds of options for the best credit ...