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Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

If you’re struggling with crushing credit card debt and mounting overdue bills, debt settlement could be a lifeline, helping ...

New York Fed data showed that household debt was $18.04 trillion in December, a sum that covers all borrowing including ...