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  2. Bankrate’s 2024 Credit Card Debt Report - AOL

    www.aol.com/finance/bankrate-2024-credit-card...

    This is up from 44 percent in January 2024. It’s the highest percentage in Bankrate’s polling since March 2020, when 60 percent of credit cardholders carried debt from month to month. Read on ...

  3. Average credit card debt in the U.S. - AOL

    www.aol.com/finance/average-credit-card-debt-u...

    Credit card debt is on the rise: American card balances reached $1.13 trillion in the last three months of 2023, ... Alaska had the highest credit card debt at $7,338, and Indiana had the lowest ...

  4. I’m drowning in $70K of credit card debt — should I ... - AOL

    www.aol.com/finance/m-drowning-70k-credit-card...

    The average credit card balance in the U.S. was $6,329 in the second quarter of 2024, according to TransUnion. Some people owe much more. Imagine having $70,000 in credit card debt, you'd be in a ...

  5. Credit card debt - Wikipedia

    en.wikipedia.org/wiki/Credit_card_debt

    Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the consumer fails to repay the company for the money they have spent. If the debt is not paid on time, the company will charge a late-payment penalty and report the ...

  6. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    Generation X holds the highest average credit card debt with an average of $9,123. Millennials’ credit card debt is increasing the most, at a rate of 15.4% in 2023.

  7. Credit card debt hits a record high at $1 trillion, NY Fed says

    www.aol.com/finance/credit-card-debt-hits-record...

    For instance, the overall rejection rate for credit card applicants increased to 21.8% in June, the NY Fed’s Credit Access Survey found. That was the highest rejection level since June 2018.

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