Credit card debt tops $1.28 trillion — consistent with ‘K-shaped’ economic divide, New York Fed research shows
- Posted on February 10, 2026
- By CNBC
- 4 Views
Credit card debt tops $1.28 trillion — consistent with ‘K-shaped’ economic divide, New York Fed research shows
Collectively, Americans owe $1.28 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.
