Americans are drowning in credit card debt:
— The Kobeissi Letter (@KobeissiLetter) October 16, 2025
US household credit card debt hit a record $1.33 trillion in August.
The combined average credit card balance across all age groups is now at whopping $10,668 PER household.
States with the largest average debts in Q2 2025 were… pic.twitter.com/QSZgTBa8XB
Friday, October 17, 2025
US household credit card debt hit a record $1.33 trillion in August.
