How much credit card debt do Americans owe in total?
Money medium Data from 2024
Guess before you scroll — the answer is below
The answer
$1,170,000,000,000
Roughly $1.2T.
Americans carry about $1.17 trillion in credit card balances, an all-time high. That is still small next to the roughly $12.6 trillion in mortgage debt, but it is the most expensive kind: average card interest rates sit above 21%.
Where this number comes from
| Source | Federal Reserve Bank of New York, Household Debt and Credit Report |
|---|---|
| Figure refers to | 2024 |
| Last checked | |
| Unit | dollars |
Numbers move. If this one has drifted from its source, let us know.
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