U.S. credit card debt grows by $21 billion in second quarter to $1.26 trillion
U.S. credit card debt increased to $1.26 trillion in the second quarter of fiscal 2026, nearing the all-time record.
TL;DR
- U.S. credit card debt reached $1.26 trillion in Q2 FY26.
- This amount is nearing the all-time record for credit card debt.
- The debt increased in the second quarter of fiscal year 2026.