Name: United States Debt Balance Credit Cards
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

Credit card balances in the US declined by $15 billion to $0.84 trillion in the first quarter of 20222, in line with seasonal trends typically seen at the start of the year. Credit card balances are still $71 billion higher than Q1 2021 and represent a substantial year-over-year increase. source: https://www.newyorkfed.org/

Debt Balance Credit Cards in the United States averaged 0.76 Trillion USD from 2003 until 2022, reaching an all time high of 0.93 Trillion USD in the fourth quarter of 2019 and a record low of 0.66 Trillion USD in the first quarter of 2014. This page includes a chart with historical data for the United States Debt Balance Credit Cards. United States Debt Balance Credit Cards - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

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Related	Last	Previous	Unit	Reference
Debt Balance Total	15.84	15.58	Trillion USD	Mar 2022
Debt Balance Student Loans	1.59	1.58	Trillion USD	Mar 2022
Debt Balance Mortgages	11.18	10.93	Trillion USD	Mar 2022
Debt Balance Auto Loans	1.47	1.46	Trillion USD	Mar 2022
Credit Card Accounts	537.11	531.54	Millions	Mar 2022

United States Debt Balance Credit Cards

The New York Fed has designed and established the Consumer Credit Panel, a dataset on household liabilities based on consumer credit data. The Consumer Credit Panel provides detailed quarterly data on a panel of US consumers from 1999 through the present. The unique sampling design provides a random, nationally representative 5% sample of US consumers as well as the members of their households with a credit report.