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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.
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,
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.
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
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.
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.
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.
Trump, Student debt
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."
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.
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.
7h
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 ...
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 ...
FOX 32 Chicago on MSN
9h
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 ...
1d
NY Fed says household debt up in third quarter as rising incomes ease debt burden
Rising income levels helped Americans manage their expanding debt loads during the third quarter, even as some signs of ...
1d
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 ...
8h
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 ...
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