A new survey finds 23% of credit card debtors believe they’ll never be debt-free, with most citing emergency expenses and ...

2025 Credit Card Debt Survey: Total sample size was 2,616 adults, of which 908 carry a balance on their credit cards.

While credit card debt for May 2025 technically set a record, topping May 2024 by 3 percent, it actually marks an 8 percent ...

Pay off credit card debt with zero interest until 2027 using this no-fee card, giving you space to breathe while tackling ...

Credit cards come with a lot of risks, but they can also be excellent tools to build your credit score and offer other ...

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

The survey found that Americans have an average of 2.3 credit card accounts, contributing to higher personal debt levels. Howard Dvorkin, CPA and chairman of Debt.com, told Newsweek that there are ...

Average debt climbs: The average American credit card debt rose to $6,580 in late 2024, a 3% increase from the previous year. Household debt insights: The average household carries about $8,940 in ...

Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high of $18.04 trillion, according to a report released Thursday by the Federal ...

Americans have less credit card debt in 2021, but do you know the average balance for your generation? A report from TransUnion shows that balances have decreased by 4.1% year-over-year.

An unsettling trend. Surging inflation and costs have pushed many consumers deeper into credit card debt. In Q4 2024, the average credit card borrower owed $6,580, up from $6,360 a year before.

And in 2024, Americans defaulted on $59 billion in credit card debt — a 34% jump from 2023. “Inflation is a huge factor,” said Chip Lupo, an analyst with WalletHub.