Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds
- Posted on August 11, 2026
- By CNBC
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- 1 min read
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Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds
Credit card balances are ticking higher mid-way through the year, according to a new report on household debt from the Federal Reserve Bank of New York.