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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.
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.
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,
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.
3h
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 ...
9h
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.
21h
on MSN
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, ...
Marketplace
1d
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 ...
1d
on MSN
Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says
Trump's plans would likely add large amounts to the US debt pile, economists have predicted. The national debt stands at ...
1d
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 ...
23h
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 ...
1d
on MSN
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, ...
1d
on 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." ...
1d
on 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 ...
4h
Altice France, Creditors Clash Over Debt Cost, Equity Stake
Altice France and a group of secured creditors ended their first round of discussions without reaching a deal over how to ...
FOX 32 Chicago on MSN
5h
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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