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US Credit Card Debt Nears Record High at $1.26 Trillion in Q2 2026
US credit card debt surged to $1.26 trillion in the second quarter of 2026, approaching last year's record high. This increase highlights growing consumer reliance on credit amid economic pressures.
12 Aug, 14:58 — 12 Aug, 17:32
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L1
Far Left (1)
The Guardian
Left1
Left (1)
Yahoo
Center
Right
Far R
Geographic diversity— 2 regions9/34
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ℹOnly 2 sources cover this story
Sources
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The GuardianMostly Factual3d ago
US credit card debt climbs to $1.26tn, nearing last year’s record high
Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed report Credit card debt in the United States is growing close to a record high, having creeped up from $54bn to $1.26tn between April and June compared with the same period last year, according to a report by the Federal Reserve Bank of New York. That figure is just shy of last year’s record high of $1.28tn. Continue reading...
By Coral Murphy Marcos
Read full article →YahooMostly Factual3d ago
U.S. credit card debt hits $1.26 trillion in Q2 2026, near record
Read full article →Coverage Timeline
First report: The Guardian · 12 Aug, 14:58|Full coverage: 2 · 3h|Window: 3h
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