Credit card debt surges in U.S. as high interest rates make it harder to pay off

What it is about

Who published it, and when

How it spread - 7 original reports

1. Tue, 11 August 2026

   1 report
   • PBS NewsHour22:30first to report
     Credit card debt surges in U.S. as high interest rates make it harder to pay off

     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.

2. Wed, 12 August 2026

   2 reports
   • RMF24 (Poland)11:16
     Rekord coraz bliżej. Dług Amerykanów na kartach kredytowych wyraźnie wzrósł

     Rekord coraz bliżej. Dług Amerykanów na kartach kredytowych wyraźnie wzrósł

   • The Guardian World14:58
     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 report Credit 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...

3. Thu, 13 August 2026

   2 reports
   • drudge.com02:30
     Credit Card Debt Rises to $1.26T, Nearing All-time Record

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

   • fox26houston.com18:00
     US credit card debt hits $1.26 trillion as delinquencies rise: What you can do

     A rise in delinquent credit card payments is “prompting concerns that Americans are falling behind on their debt payments at rates not seen since the Great Recession," the New York Fed says.

4. Tue, 25 August 2026

   1 report
   • manilatimes.net10:03
     Canadian Consumer Debt Reaches Record $2.64 Trillion as Financial Realities Differ Across Households

     Key findings from TransUnion report:

5. Wed, 26 August 2026

   1 report
   • northcountrynow.com15:30
     A picture of average American debt, according to Credit Karma data

     Intuit Credit Karma reports average American debt reached $60,112 in mid-2026, with Gen Z seeing the fastest growth, particularly in student loans.