Credit card debt hits record high
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.
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US national debt hits a new record: $36 trillionThe U.S. national debt surpassed $36 trillion for the first time in the nation's history on Friday as the federal government continues to accumulate debt at a record-setting pace. New data ...
The share of outstanding US consumer debt that’s in delinquency rose in the fourth quarter to the highest in almost five ...
The cost of paying interest on the national debt increases from ... our leaders have a new opportunity to secure America's economic future by putting us on a stronger, more sustainable fiscal ...
America's national debt hit a new record in November when it eclipsed $36 trillion for the first time ever. It's a staggering amount that can not only effect U.S. economic growth but also ...
Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.
The U.S. national debt broke a new record after crossing the $36 trillion mark for the first time as the federal government's mounting budget deficits cause the debt to surge. The winner ...
According to the US Treasury Department, the figure hit a record high of $35.001 trillion for the first time in history on July 26. The national debt is what the US government owes to its ...
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