Here’s why record $1.28 trillion in credit card debt is a problem for first-time homebuyers

The latest household debt report from the Federal Reserve Bank of New York found that credit card balances rose by $44 ...
kcra.com

Americans owe more than a trillion dollars in credit card debt — Here’s how each age group compares

Credit card debt reached an all-time high of $1.2 trillion by the end of 2024, according to data from the Federal Reserve Bank of New York. On Wednesday, the Federal Reserve announced it was lowering ...
NPR

Debunking 3 common myths about credit card debt

According to a recent Bankrate survey, 46% of respondents said they carry a credit card balance from month to month. NPR's Life Kit debunks some common myths and gives advice about credit card debt.