2025 Credit Card Debt Statistics
Americans have an absolute mountain of credit card debt — $1.166 trillion, to be exact. This credit card debt statistics page tracks Americans’ credit card use each month. We update this page regularly, looking at how much debt people have, how often they carry a balance month to month, how often they pay their credit card bills late and more.
How much credit card debt do Americans have?
Americans’ total credit card balance is $1.166 trillion in the third quarter of 2024, according to the latest consumer debt data from the Federal Reserve Bank of New York. That’s up from $1.142 trillion in the second quarter of 2024 and is the highest balance since the New York Fed began tracking in 1999.
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The economy is in real trouble.
How will the predicted job layoffs compounded with the credit card debt impact the housing market?
How will this debt impact a homeowners ability to make their house payment?