Americans' credit card debt surged to $1.26 trillion, nearing an all-time record

Balances rose $21 billion in the second quarter, leaving total card debt just shy of the $1.28 trillion peak set late last year

Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed report Credit card debt in the United States is growing close to a record high, having creeped up from $54bn to $1.26tn between April and June compared with the same period last year, according to a report by the Fe

American Express is expanding one of the Platinum Card’s most valuable perks, adding more than 350 curated premium hotels to its Fine Hotels + Resorts and The Hotel Collection programs as premium credit card issuers continue to compete for high-spending travelers. The additions expand the combined portfolio to more tha

Americans owe more than a trillion dollars in credit card debt, up 60% from just five years ago. Meanwhile, higher interest rates make debt even more difficult to pay off, a downward spiral causing credit card delinquencies to surge. Economics correspondent Paul Solman explains.

Americans' credit card debt reached $1.26 trillion, increasing by $21 billion in the second quarter of this year, according to new data.

American Express refuses to raise Alan Sugar’s credit card limit  thetimes.com

Credit card balances are ticking higher mid-way through the year, according to a new report on household debt from the Federal Reserve Bank of New York.

It’s vital to know how much your debt is costing you monthly - then work out the best way to pay that down

A rise in home equity to record levels has led many Americans to refinance their mortgages to pay their bills.

Credit card spending by foreigners in June surged to nearly 10 times the level from three years earlier amid a sharp increase in overseas visitors, a report showed Tuesday. According to a report by Korea Credit Data, the monthly index of revenues from overseas credit cards at local merchants reached 960 in June, sharpl

Presidential candidate of the People's Redemption Party (PRP) for the 2027 general election, Donald Duke, has called for a comprehensive overhaul of Nigeria's financial architecture, warning that high interest rates, rising public debt and misplaced government spending are crippling businesses and slowing economic grow