Is Your State Drowning in Credit Card Debt? New Study Reveals Where Americans Are Spending Beyond Their Means in 2025

Is your state drowning in credit card debt? New study reveals where Americans are spending beyond their means in 2025

Americans’ credit card debt has reached a staggering $1.32 trillion, with approximately $65 billion added in the past year alone, according to a new WalletHub study. The financial planning company compared credit card debt increases across all 50 states, based on newly-released data from TransUnion and the Federal Reserve, with all figures adjusted for inflation as of Sept. 1, 2025. The analysis, which examined quarter-over-quarter changes from …

Credit Card Debt of Americans Now Totals $1.32 Trillion: Report

Consumers added $28 billion in credit card debt during the second quarter of 2025, to bring the total debt to approximately $1.32 trillion, according to a Sept. 8 report from finance website WalletHub. Not accounting for inflation, the latest numbers, as of July, set a new record, 3 percent higher than the same month in 2024. When calculating for the quarter, outstanding credit card debt for the second quarter was 2 percent below the all-time re…