The Guardian World· World
US credit card debt climbs to $1.26tn, nearing last year’s record high
Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed reportCredit card debt in the United States is growing close to a record high, having crept up from $54bn to $1.26tn between April and June compared with the same period last year, according to a report by the Federal Reserve Bank of New York.That figure is just shy of last year’s record high o
Published Wednesday, 12 August 2026 at 14:58
Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed reportCredit card debt in the United States is growing close to a record high, having crept up from $54bn to $1.26tn between April and June compared with the same period last year, according to a report by the Federal Reserve Bank of New York.That figure is just shy of last year’s record high of $1.28tn. Continue reading...
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