U.S. Credit Card Debt Hits Unprecedented $1.13 Trillion, Fed Report Reveals In the last quarter 2023, credit card debt in the U.S. hit a new high, reaching $1.13 trillion. This marks a $50 billion increase, or 4.6%, from the third quarter, as reported by the New York Federal Reserve Bank’s quarterly analysis on household debt and credit. Not only did credit card balances spike, but overall household debt also went up by 1.2%, totaling $17.5 trillion. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Growing Credit Card Debt: A Warning Sign for Investors READ MORE Hard Money Heat Check READ MORE Gold & Silver Confiscation: Can the Government Seize Assets? READ MORE Fed’s Inflation Target Faces Heat from LiberalsSeeking Economic Reform READ MORE Fed’s Powell Ready to Support Job Market, Even If It Means Lingering Inflation READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
