Credit card debt has reached alarming heights for millions of Americans, with many cardholders now carrying balances that would have seemed unthinkable just a few years ago. For example, the average ...

Discover how your credit card bill compares to the U.S. average and learn ways to manage debt, lower interest costs, and take control of your spending.

Total U.S. credit card debt rose to $1.23 trillion in the third quarter of 2025, an increase of $24 billion from the previous quarter and up about 50 percent over the past five years, according to the ...

While carrying a balance on your credit card should never be your first choice, it's growing increasingly unavoidable for many Americans. The most recent New York Fed report on household debt and ...

Whenever we discuss the benefits of using credit cards, we typically caveat it with the most important rule: pay your credit card bill on time and in full every month. Paying on time prevents late ...

Credit card interest rates rose sharply, making carrying a balance much more expensive. High fees, rising balances, and minimum payments keep many consumers in long-term debt. Lower-income and ...