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    Credit card debt rises to $1.26 trillion, nearing all-time record

    Started by RE Aug 12, 2026, 03:38 AM

    Message path : / Doomscroll Comments / American Capitalism / Credit card debt rises to $1.26 trillion, nearing all-time record


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    RE

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    Aug 12, 2026, 03:38 AM

    ABCNEWS.COM • 2026-08-11

    Credit card debt rises to $1.26 trillion, nearing all-time record

    Many households are also behind on their card payments.  The percentage of credit card balances that were more than 90 days delinquent rose from 7.6% to 12.8% from mid-2022 through early 2026.


    We're barely into the 3rd Quarter.

    How long can people last on VISA?


    RE

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