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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,
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.
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,
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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.
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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 ...
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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 ...
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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, ...
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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, ...
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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 ...
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