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Visualizing America’s $1 Trillion Credit Card Debt

Visualizing America’s $1 Trillion Credit Card Debt

Americans’ collective credit card debt surpassed $1 trillion for the first time in Q2 2023.

Between April 1 and June 30, total credit card balances rose by $45 billion compared to Q1 2023, to $1.03 trillion.

This chart uses data from the Federal Reserve Bank of New York and WalletHub to illustrate the growing credit card debt in the United States.

Over $10,000 Balance per Household

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