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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.

Forbes · 9h

This Week In Credit Card News: Credit Card Debt Surges To A Record High

Credit Card Users Are Still Paying Off Last Year’s Holiday Debt Americans tend to overspend during the holiday season. In fact, some borrowers are still paying off debt from last year’s purchases. To that point,

FOX News on MSN · 18h

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,

Household debt at record levels

CNN on MSN · 1d

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 · 1d

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

Higher debt levels for mortgages, auto loans, credit cards and student loans last quarter drove overall consumer debt to a record of $17.9 trillion.

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.

Trump, Student debt

CBS News on MSN · 1d

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."

Investopedia on MSN · 1d

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 that when payments restarted, the majority of borrowers had trouble affording the monthly bills.

Axios on MSN · 1d

What Trump's second term could mean for student debt in Texas

About 2.34 million borrowers' location is not reported; Map: Alex Fitzpatrick/Axios President-elect Trump could do away with his predecessor's years-long efforts to erase student debt. Why it matters: Collectively,

14h

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.

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 ...

Marketplace1d

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 ...

FOX 32 Chicago on MSN9h

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 ...

20h

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 ...

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 ...

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US credit card debt hits record $1.17 trillion

Household debt at record levels

Trump, Student debt

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