Household Debt - Truenewj

Household debt hits new high, but credit card balances fall

amefika3 weeks ago04 mins

US household debt rose to an all-time high of $18.8 trillion in the first quarter of 2026, according to the latest data from the Federal Reserve Bank of New York. The figure covers credit cards, mortgages, student loans and auto loans. Mortgage balances increased $21 billion in the first quarter of the year to $13.19…

Credit card debt hits record .28 trillion. Here’s why and how to get ahead.

Credit card debt hits record $1.28 trillion. Here’s why and how to get ahead.

amefika4 months ago06 mins

Debt balances continue to rise, according to the latest data from the Federal Reserve Bank of New York. The latest quarterly report on household debt and credit shows that total household debt increased by $191 billion, or 1%, in the fourth quarter of 2025, to a new high of $18.8 trillion. In particular, credit card…