US household debt soared to a record high of $18.04 trillion in Q4 2024,, driven by surging credit card balances. While ...
U.S. debt Cassandras can point to news of the country's record household debt figure last week as yet another sign that the ...
Americans are having a harder time managing rising debt burdens and in some cases haven’t been this overextended since the ...
That's not the only debt issue Americans are facing, either. Total household debt has also reached a new record, and credit ...
Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on ...
In the fourth quarter of last year, overall debt levels increased by 0.5% to $18.04 trillion, according to the Quarterly Report on Household Debt and Credit. All major loan categories tracked in ...
Americans' household debt levels ... rates steady for nearly all types of debt except for credit cards – which had a small uptick in transitions from current to delinquent.
The financial landscape in 2025 is shaping up to be anything but predictable. With shifting economic policies, lingering ...
Many or all of the products here are from our partners that compensate us. It’s how ... credit card debt has typically accounted for between 5.5% to 6.5% of household debt.
Driven by a sharp rise in credit card debt, household debt growth accelerated in December, according to new data from Statistics Canada. In a new report, the national statistics agency said that ...