⚠️US credit card debt hit another record

US credit card debt jumped by $45 billion in Q4 2024

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Global Markets Investor
February 18, 2025

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US credit card debt surged by $45 billion last quarter to a record $1.2 trillion.

Credit card balances has risen by $430 billion in 3 years.

The credit card debt would have been even higher as rejection rates for credit cards hit 22%, a 12-year high.

US households are drowning in massive debt. Read more about US consumers in the following pieces:

US household debt hit a new record of $17.94 trillion in Q3 2024.

What is the true shape of the US consumers' finances?

globalmarketsinvestor.beehiiv.com/p/us-household-debt-hit-a-new-record

S&P 500 recovered the last two weeks' losses. Weekly market recap, trading week 07/2025

Summary of the trading week using the most popular posts from the X platform

globalmarketsinvestor.beehiiv.com/p/s-p-500-fell-for-the-2nd-straight-week-amid-tariff-uncertainty-weekly-market-recap-trading-week-06-2

⚠️US credit rejection rates are skyrocketing

Rejection rates for or credit cards, mortgages, auto and other loans hit the highest level since 2015

globalmarketsinvestor.beehiiv.com/p/us-credit-rejection-rates-are-skyrocketing

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