Credit card debt hits record high as Americans struggle with cost-of-living

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1. The Hill Center Factuality: High US 1 hour ago
   Credit card debt mounts amid Democrats’ push to cap interest rates

   New data shows Americans’ credit card balances are mounting, as some Democratic lawmakers push for capping interest rates. Credit card balances increased by $22 billion in the third quarter, an increase of 1.7 percent relative to the second quarter, the Federal Reserve Bank...

2. Axios Center Factuality: High US 3 hours ago
   Credit card debt hits record high as Americans struggle with cost-of-living

   Federal Reserve Bank of New York ; Note: Not adjusted for inflation; Chart: Axios Visuals Americans' credit card balances hit a record $1.29 trillion in the third quarter, according to a new report released by the Federal Reserve Bank of New York. Why it matters: Falling...

3. Quartz Leans left Factuality: High US 5 hours ago
   Americans' credit card debt rose to an all-time record $1.29 trillion

   Total household debt rose $334 billion to $19.1 trillion in the third quarter, with 5.0% of debt in some stage of delinquency

4. The Daily Beast Left Factuality: Mostly factual US 5 hours ago
   U.S. Credit Card Debt Hits Jaw-Dropping New Record

   Smith Collection/Gado / mith Collection/Gado, Getty Images Americans are drowning in credit card debt, according to new data from the Federal Reserve Bank of New York. Credit card balances rose by $22 billion in the third quarter of this year, reaching a record $1.29...