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U.S. Credit Card Debt Hits $1.21 Trillion Amid Rising Delinquencies

1/27/2026

33 6 Full Breakdown

Summary

Story summary

U.S. credit card debt has risen to more than $1.21 trillion.
Delinquency rates are rising.
Many borrowers have accounts in collections.
Paying off collections may provide peace of mind and does not always improve credit scores.
Other options include letting debts age, negotiating settlements for less than owed, or pursuing debt management programs.

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Story summary

U.S. credit card debt has risen to more than $1.21 trillion.
Delinquency rates are rising.
Many borrowers have accounts in collections.
Paying off collections may provide peace of mind and does not always improve credit scores.
Other options include letting debts age, negotiating settlements for less than owed, or pursuing debt management programs.