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US credit card debt hits record $1.17 trillion

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.

FOX News on MSN · 11h

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.

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 · 21h

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 · 19h

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 · 23h

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.

Nissan Faces Record Debt Bill With One Year Left to Fix Finances

Nissan Motor Co. will have a year of breathing space in 2025 before hitting a record bond maturity wall as concerns mount ...

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.

Marketplace23h

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 ...

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 ...

13h

Banks to Pitch Roughly €11 Billion Buyout Debt Deal for Grifols

Banks are getting ready to submit final offers to Brookfield Asset Management for a debt package of about €11 billion ($11.6 ...

1don 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." ...

7hon MSN

The average household in CT owes more than $176K in debt, study shows

The personal finance website WalletHub.com on Thursday released its report on the States with the Larges & Smallest Debt ...

FOX 32 Chicago on MSN3h

Thousands of Illinois residents to have medical debt erased; Will County sees highest relief numbers

Illinois residents will soon start receiving notifications that their medical debts have been erased as part of the state’s ...

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US credit card debt hits record $1.17 trillion

Household debt at record levels

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