Dollar bills and credit and debit cards in Washington on Oct. 4, 2024. Madalina Vasiliu/The Epoch Times
Consumers added $28 billion in credit card debt during the second quarter of 2025, to bring the total debt to approximately $1.32 trillion, according to a Sept. 8 report from finance website WalletHub.
Not accounting for inflation, the latest numbers, as of July, set a new record, 3 percent higher than the same month in 2024. When calculating for the quarter, outstanding credit card debt for the second quarter was 2 percent below the all-time record.
