Credit card debt rises to $1.26 trillion, nearing all-time record
Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed reportCredit card debt in the United States is growing close to a record high, having creeped up from $54bn to $1.26tn between April and June compared with the same period last year, according to a report by the Federal Reserve Bank of New York.That figure is just shy of last year’s record high of $1.28tn.
Reported by 2 outlets — The Guardian US, ABC News. See all sources ↓
Read the full report at The Guardian US ↗
Why it matters
2 outlets are covering this world story — one to watch as reporting develops.
- What's the story?
- Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed reportCredit card debt in the United States is growing close to a record high, having creeped up from $54bn to $1.26tn between April and June compared with the same period last year, according to a report by the Federal Reserve Bank of New York.That figure is just shy of last year’s record high of $1.28tn.
- How widely is it covered?
- 2 outlets, average source rating 8.0/10.
- When was it last updated?
- 10m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card2 outlets1CoverageScouting report
US credit card debt climbs to $1.26tn, nearing last year’s record high
Sources2TypeCoverageThe Guardian US
ABC News