Credit card debt in the United States has been growing at a fast pace between 2021 and 2025. In the fourth quarter of 2024, the overall amount of credit card debt reached its highest value throughout the timeline considered here. COVID-19 had a big impact on the indebtedness of Americans, as credit card debt decreased from *** billion U.S. dollars in the last quarter of 2019 to *** billion U.S. dollars in the first quarter of 2021. What portion of Americans use credit cards? A substantial portion of Americans had at least one credit card in 2025. That year, the penetration rate of credit cards in the United States was ** percent. This number increased by nearly seven percentage points since 2014. The primary factors behind the high utilization of credit cards in the United States are a prevalent culture of convenience, a wide range of reward schemes, and consumer preferences for postponed payments. Which companies dominate the credit card issuing market? In 2024, the leading credit card issuers in the U.S. by volume were JPMorgan Chase & Co. and American Express. Both firms recorded transactions worth over one trillion U.S. dollars that year. Citi and Capital One were the next banks in that ranking, with the transactions made with their credit cards amounting to over half a trillion U.S. dollars that year. Those industry giants, along with other prominent brand names in the industry such as Bank of America, Synchrony Financial, Wells Fargo, and others, dominate the credit card market. Due to their extensive customer base, appealing rewards, and competitive offerings, they have gained a significant market share, making them the preferred choice for consumers.

View quarterly updates and historical trends for US Credit Card Debt. from United States. Source: Federal Reserve Bank of New York. Track economic data wi…

Graph and download economic data for Household Debt Service Payments as a Percent of Disposable Personal Income (TDSP) from Q1 1980 to Q2 2025 about disposable, payments, personal income, debt, percent, households, personal, income, services, and USA.

The average amount of non-mortgage debt held by consumers in the United States has been falling steadily during the past years, amounting to ****** U.S. dollars in 2023. While respondents had ****** U.S. dollars of debt in 2018, that volume decreased to ****** U.S. dollars in 2019, which constituted the largest year-over-year decrease.What age groups are more indebted in the U.S.?The age group with the highest level of consumer debt in the U.S. was belonging to the Generation X with approximately ******* U.S. dollars of debt in 2022. The next generations with high consumer debt levels were baby boomers and millennials, whose debt levels were similar. In comparison, credit card debt is more equally distributed across all ages. There is an exception among people under 35 years old, who are significantly less burdened with credit card debt. However, most consumers expect to get rid of their debt in the short term. College expenses as a source of debtEducational expenses were not among the leading sources of debt among consumers in the U.S. in 2022. Instead, they made up about ** percent of the total. However, around ** percent of undergraduates from lower-income families had student loans, while over a fifth of undergraduates from higher-income families had student loans. Independently of how they cover these expenses, the confidence of students and parents about being able to pay these college costs was high in most cases.

Households Debt in the United States decreased to 68.30 percent of GDP in the first quarter of 2025 from 69.40 percent of GDP in the fourth quarter of 2024. This dataset provides - United States Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks (CCLACBW027SBOG) from 2000-06-28 to 2025-11-19 about revolving, credit cards, loans, consumer, banks, depository institutions, and USA.

Consumers in the United States had over **** trillion dollars in debt as of the first quarter of 2025. The majority of that debt were home mortgages, amounting to approximately **** trillion U.S. dollars. Student and car loans were the second and third largest component of household debt. Why is consumer debt important? Debt influences the Consumer Sentiment Index, which is an important indicator assessing the state of the U.S. economy. The U.S. housing market is also seen a bellwether of the economic conditions in the country. The housing industry employs a large number of people, and mortgages are large investments that consumers will pay off over the course of years, sometimes decades. Because of this, financial analysts closely watch consumer debt and its effects on the demand for housing. Attitudes towards debt Consumer perception of debt differed, depending on the kind of debt in question. While most saw a home mortgage as a positive investment, they increasingly looked at student loan debt as a negative debt. With education costs increasing, people are incurring more student loan debt in the United States. Credit card debt also had negative connotations.

This dataset provides values for HOUSEHOLDS DEBT TO INCOME reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Graph and download economic data for Households and Nonprofit Organizations; Consumer Credit as a Percentage of Disposable Personal Income; Liability, Level (BOGZ1FL153166006A) from 1946 to 2024 about disposable, nonprofit organizations, consumer credit, liabilities, personal income, percent, loans, households, personal, consumer, income, and USA.

Denmark, the Netherlands, and Norway were among the European countries with most indebted households in 2023 and 2024. The debt of Dutch households amounted to *** percent their disposable income in the 2nd quarter of 2024. Meanwhile, Norwegian households' debt represented *** percent of their income in the 3rd quarter of 2023. However, households in most countries were less indebted, with that ratio amounting to ** percent in the Euro area. Less indebtedness in Western and Northern Europe There were several European countries where household's debts outweighed their disposable income. Most of those countries were North or West European. However, the indebtedness ratio in Denmark has been decreasing during the past decade. As the debt of Danish households represented nearly *** percent in the last quarter of 2014, which has fallen very significantly by 2024. Other countries with indebted households have been following similar trends. The households' debt-to-income ratio in the Netherlands has also fallen from over *** percent in 2013 to *** percent in 2024. Debt per adult in Europe In Europe, the value of debt per adult varies considerably from an average of around 10,000 U.S. dollars in Europe to a much higher level in certain countries such as Switzerland. Debts can be formed in a number of ways. The most common forms of debt include credit cards, medical debt, student loans, overdrafts, mortgages, automobile financing and personal loans.

Graph and download economic data for Delinquency Rate on Credit Card Loans, All Commercial Banks (DRCCLACBS) from Q1 1991 to Q3 2025 about credit cards, delinquencies, commercial, loans, banks, depository institutions, rate, and USA.

Total credit card debt in the UK grew by over ****billion British pounds between March and April 2025, now reaching a similar level of debt as seen in early 2020. The annual growth rate of credit card debt stayed about the same in April 2025, reaching *** percent when compared to aApril 2024. The growth rate in 2024 has been decreasing until 2025 where it started to increase again, which may potentially be attributed to growing interest rates and the cost of living crisis.

In the area of financial decision-making, a dataset named "bank-loan" takes center stage, focusing on the critical domain of credit scoring. With a pool of 700 records derived from bank customers who successfully obtained loans and conscientiously repaid their installments, the dataset captures the repayment outcomes, categorized as 1 and 0 for default statuses. The overarching objective is to develop a robust credit scoring system, a discerning arbiter for loan approvals. This system will draw on various factors, including age, education, employment duration, tenure at the current residence, income levels, debit-to-income ratio, credit-to-debit ratio, and other debts reported at the time of loan application. By delving into the intricate details of these parameters, the aim is to construct a predictive model that empowers the financial institution to make informed decisions when considering loan applications, thereby optimizing risk management and ensuring the soundness of lending practices.

Age: Age in years.

Ed: 1-Did not complete high school 2-High school degree 3-Some college 4-College degree 5-Post-undergraduate degree

Employ: Years with current employer

Address: Years at current address

Income: Household income in thousands

Debtinc: Debt to income ratio (x100)

Creddebt: Credit card debt in thousands

Othdebt: Other debt in thousands

Default: The "Default" field is the target variable, indicating previously defaulted. It takes binary values, with 1 typically denoting a "bad" default status and 0 representing a "good" repayment history.

Key information about Russia Household Debt

• Russia Household Debt reached 395.3 USD bn in Jan 2025, compared with the reported number of 382.7 USD bn in the previous month
• Russia Household Debt: USD mn data is updated monthly, available from Dec 2000 to Jan 2025
• The data reached an all-time high of 525.1 USD bn in Jun 2022 and a record low of 1.7 USD bn in Dec 2000

CEIC converts monthly Household Debt into USD. The Bank of Russia provides Household Debt in local currency based on MFSM 2016. The Bank of Russia period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics. Household Debt prior to December 2014 is based on MFSM 2000.


Further information about Russia Household Debt

• In the latest reports, Russia Household Debt accounted for 20.4 % of the country's Nominal GDP in Mar 2024
• Money Supply M2 in Russia increased 1,189.6 USD bn YoY in Jan 2025
• Russia Foreign Exchange Reserves was measured at 386.4 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 14.9 Months of Import in Oct 2024
• Russia Domestic Credit reached 1,404.0 USD bn in Dec 2024, representing an increased of 19.6 % YoY

Quarterly debt to gross domestic product, debt to disposable income and other indicators, for the household sector and the non-profit institutions serving households sector, by category.

View quarterly updates and historical trends for US Credit Card Accounts Delinquent by 90 or More Days. from United States. Source: Federal Reserve Bank o…

Quarterly financial flows and stocks of household credit market debt, consumer credit, non-mortgage loans, and mortgage loans, on a seasonally adjusted basis.

. The People's Bank of China provides Household Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics.


Further information about China Household Debt

• In the latest reports, China Household Debt accounted for 60.4 % of the country's Nominal GDP in Sep 2025
• Money Supply M2 in China increased 44,251.0 USD bn YoY in Mar 2025
• China Foreign Exchange Reserves was measured at 3,343.3 USD bn in Oct 2025
• The Foreign Exchange Reserves equaled 15.5 Months of Import in Oct 2025
• China Domestic Credit reached 52,818.4 USD bn in Oct 2025, representing an increased of 7.9 % YoY

This dataset represents credit card usage and financial behaviour among 1,000 Indian consumers residing in Ranchi. It was collected to support research and academic projects analyzing:

The impact of credit card rates (interest, annual fees, late payment fees) on consumer financial behavior across demographics.

The psychological and behavioral effects of credit card usage, such as impulsive spending, debt accumulation, and financial stress.

Consumer awareness of hidden charges and regulations affecting credit card usage.

The dataset combines demographic, financial, behavioral, and psychological variables to provide a comprehensive overview of credit card usage patterns in India.

Columns / Data Dictionary Column Name Description Customer_ID Unique identifier for each customer Age Age of the customer (18–70) Gender Male, Female, Other Income_Level Income group: Low, Medium, High Education Highest education level Location Urban, Semi-Urban, Rural Credit_Limit Credit limit assigned (₹20,000 – ₹5,00,000) Interest_Rate Annual interest rate (%) Annual_Fee Annual fee charged (₹0 – ₹5,000) Late_Payment_Fee Penalty fee for late payments Hidden_Charges_Awareness Whether the customer is aware of hidden charges (Yes/No) Regulation_Awareness Awareness of regulatory changes (High/Medium/Low) Monthly_Spending Average monthly spending Impulse_Purchases Whether impulse purchases are made (Yes/No) Debt_Accumulation Level of debt accumulation (Low/Moderate/High) Repayment_Behavior Repayment type (On-time/Partial/Default) Credit_Score_Category Credit score category (Poor/Fair/Good/Excellent) Stress_Level Stress level due to credit card usage (Low/Medium/High) Satisfaction_With_Credit_Card Customer satisfaction rating (1–5) Dependency_On_Credit Dependency level on credit (Low/Medium/High) Inspiration / Use Cases

Research on credit card debt and consumer behavior in India

Machine learning projects: classification or prediction of repayment behavior

Financial analytics and risk assessment modeling

Understanding psychological factors influencing spending and stress among Indian consumers

As of the first quarter of 2025, the levels of debt from consumer lending in the United States amounted to nearly five trillion U.S. dollars. The consumer credit debt of households and nonprofit organizations increased steadily in the last decade. Throughout that period, the outstanding consumer credit in the U.S. has also been growing.