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U.S. Credit Card Debt Soars to $1.21 Trillion

10/7/2025

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Summary

Story summary

U.S. credit card debt hit $1.21 trillion in Q2 2025, up 5.87% from last year.
Rising living costs, inflation, and stagnant job growth contribute to financial struggles for many Americans.
NPR's Life Kit launched a newsletter, "Guide to Paying Off Credit Card Debt," with strategies.
Subscribers receive weekly tips on budgeting, prioritizing payments, and reframing their relationship with debt.

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Story summary

U.S. credit card debt hit $1.21 trillion in Q2 2025, up 5.87% from last year.
Rising living costs, inflation, and stagnant job growth contribute to financial struggles for many Americans.
NPR's Life Kit launched a newsletter, "Guide to Paying Off Credit Card Debt," with strategies.
Subscribers receive weekly tips on budgeting, prioritizing payments, and reframing their relationship with debt.