US Credit Card Debt Hits $1.26 Trillion as Delinquencies Rise: What You Can Do

US credit card debt hits $1.26 trillion as delinquencies rise: What you can do

A rise in delinquent credit card payments is “prompting concerns that Americans are falling behind on their debt payments at rates not seen since the Great Recession," the New York Fed says.

U.S. Credit Card Debt Surges To $1.26 Trillion As Americans Lean Heavier On Borrowing

by Emmitt Barry, Worthy News Washington D.C. Bureau Chief (Worthy News) – Americans added another $21 billion in credit card debt during the second quarter of 2026, pushing outstanding balances to roughly $1.26 trillion and bringing consumer borrowing close to its record high. Credit card balances increased about 1.7% from the previous quarter, reversing the seasonal decline seen earlier this year. In the first quarter, balances had fallen by $2…

U.S. credit card debt grows by $21 billion in second quarter to $1.26 trillion

U.S. credit card debt increased to $1.26 trillion in the second quarter of fiscal 2026, nearing the all-time record.

Credit card debt nears all

Americans' credit card debt reached $1.26 trillion, increasing by $21 billion in the second quarter of this year, according to new data Tuesday from the Federal Reserve Bank of New York.

U.S. Credit Card Debt Hits $1.26 Trillion — It Negates Your Points

Credit card balances in the U.S. just hit another record. That’s good news for the banks and bad news for anyone paying interest while chase points and miles. If you carry a balance from month to month, the rewards you’re earning almost certainly aren’t worth more than what you owe your card issuer. Here’s what the latest data shows and why the math rarely works in your favor. Credit Card Balances Reach a New High The Federal Reserve Bank of New…