Credit card debt rises to $1.26 trillion, nearing all-time record
Americans' credit card debt reached $1.26 trillion, increasing by $21 billion in the second quarter of this year, according to new data Tuesday from the Federal Reserve Bank of New York. Overall, outstanding…
- Mortgages: $13.12 trillion
- Auto debt: $1.71 trillion
- Student debt: $1.65 trillion
- Credit card debt: $1.26 trillion
- Home equity lines of credit: $459 billion
