Consumer debt in the U.S. continues to soar. A report from the Federal Reserve shows Americans had a combined debt of $4.82 trillion in February. That's an increase of about $15 billion since January.

With inflation still squeezing household budgets and interest rates staying high for most of the year, national consumer debt continues to climb across borrowing categories — from mortgages and credit ...

IT’S HELPING FAMILIES, AND WHAT YOU NEED TO KNOW BEFORE YOU SIGN UP. AS WE CAME CLOSER AND CLOSER TO THE END OF PAYING IT OFF, WE JUST FELT BETTER AND BETTER. IAN MOORE SAYS CREDIT CARD BALANCE ...

Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago. However, that ...