According to a new study by Bankrate, 61% of people with credit card debt have been holding it for at least a year — up from 53% in late 2024.

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Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.

More Americans are taking on credit card debt and holding it for longer as the cost of living continues to rise and many households struggle to keep up.

If President Trump succeeds in capping credit-card APRs at 10%, card issuers could ramp up efforts to keep their best customers.

Former Mayor Lori Lightfoot was served at her Chicago home in October with a lawsuit from JPMorgan Chase Bank for allegedly failing to pay about $11,078 in bills.

Americans have just piled another $27 billion onto their credit cards in a single quarter, a surge that is colliding with the highest balances and steepest interest costs on record. As delinquencies climb and more households fall behind,

You can stop bleeding interest on credit card debt with one of these cards, allowing you to transfer a balance and not pay interest for as long as 24 months.