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-0.000376742433756136 -0.000439532839382278 0.000690694461886131 0.00219766419691068 0.00339068190380505 -0.00527439407258573 -0.00527439407258573 -0.00527439407258573
Stock impact report

Credit card debt hits $1.2T and shows no signs of stopping [Yahoo! Finance]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Yahoo! Finance
At first glance, credit card debt numbers in the United States look enormous. Consumers owe an astounding $1.233 trillion on their credit cards, according to the Federal Reserve, and the average American credit card debt balance is $6,523, according to TransUnion, a major credit bureau. Debt is climbing even as wages struggle to keep up. There's no sign that credit card debt will meaningfully reduce any time soon. Rising credit card debt signals that more Americans are relying on borrowing to cover everyday expenses. That strain can erode household savings and slow economic growth as credit card interest rates stay stubbornly high. Motley Fool Money analyzes what this rising debt means for Americans' financial stability. Average and total credit card debt reach new highs How much credit card debt does the average American have? The average credit card balance is $6,523 as of the third quarter of 2025, according to TransUnion. That's a 2% increase from the previous year. Mea Show less Read more
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