Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation.

In the fourth quarter of 2024, U.S. credit card balances rose by $45 billion, reaching the $1.21 trillion mark — the highest ...

There are three identifiable contributors to the recent acceleration of millennial credit card debt balances: Once again, as in 2022 and 2023, Generation X has the highest average balance among ...

Credit card users tend to fall into two main groups: those who carry a balance and those who don’t. And how much credit ...

In February 2025, the average ... Outstanding debt is the most common reason for a low credit score, so a regular series of on-time payments to a high-APR creditor, like a credit card, will ...

American consumers collectively owe $1.2 trillion in credit card debt. Experts suggest strategies such as the “snowball” or “avalanche” methods to effectively manage and pay off credit ...

Chris Horymski for Experian Mar 26, 2025 Mar 26, 2025 0 Experian explains that the average credit card balance ... for consumers, credit card debt grew at a slower rate in 2024 than it did in ...

Experian explains that the average credit card balance among ... Despite record-high annual percentage rates (APRs) for consumers, credit card debt grew at a slower rate in 2024 than it did ...