Credit card debt dips to $1.25 trillion — but maintains ‘K-shaped’ pattern, New York Fed research shows
- Posted on May 12, 2026
- By CNBC
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- 1 min read
Credit card debt dips to $1.25 trillion — but maintains ‘K-shaped’ pattern, New York Fed research shows
Collectively, Americans owe $1.25 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.
