US Credit Card Debt Dips to $1.25 Trillion, New York Fed Reports

According to a new report by the Federal Reserve Bank of New York, Americans collectively owe $1.25 trillion on their credit cards, showing a dip but maintaining a 'K-shaped' pattern.

12 May, 15:00 — 12 May, 15:00

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cnbcMostly Factual104d ago

Credit card debt dips to $1.25 trillion — but maintains ‘K-shaped’ pattern, New York Fed research shows

Collectively, Americans owe $1.25 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.

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US Credit Card Debt Dips to $1.25 Trillion, New York Fed Reports

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Credit card debt dips to $1.25 trillion — but maintains ‘K-shaped’ pattern, New York Fed research shows

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