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Credit card debt hits record $1.28 trillion. Here's why and how to get ahead of it.

personal finance :: 13hrs ago :: source - yahoo finance

By Ivana Pino

Debt balances continue to rise, according to the latest data from the Federal Reserve Bank of New York. The latest quarterly report on household debt and credit shows that total household debt increased by $191 billion, or 1%, in the fourth quarter of 2025, to a new high of $18.8 trillion.

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