Americans' credit card debt reaches nearly $1.3 trillion

Source ABC Local
Original Load Date Nov. 11, 2026, 4 p.m.
Last Updated Nov. 11, 2026, 4 p.m.
Original URL https://abc7chicago.com/story/americans-credit-card-debt-reaches-13-trillion/20033749/

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Americans are carrying a record high amount of [ credit card debt ][9] , totaling nearly $1.3 trillion, according to a new report released by the Federal Reserve Bank of New York. The New York Fed's third quarter [ report ][10] for 2026 shows Americans' credit card balances have increased by about ...