Credit CardsStrong consumer spending plus rising prices are factors.ByElizabeth Schulze Wednesday, August 12, 2026 8:20AMStrong consumer spending plus rising prices are factors.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 credit card bal…
Credit card debt rises to $1.26 trillion, nearing all-time record – ABC7 Chicago
