Credit card debt climbs to a record $1.29 trillion, New York Fed research finds

La traducción aún no está lista. Se muestra el artículo original.

Americans are increasingly turning to credit cards as financial pressures mount, new reports show. Collectively, credit card balances climbed by $22 billion in the third quarter to a record $1.29 trillion, according to the Federal Reserve Bank of New York's latest household debt report , released Tuesday. Balances are up 4.2% from a year earlier. Total household debt, including mortgages , auto loans and student loans , also expanded by $334 billion for the July-to-September period to a record $19.1 trillion. "Overall debt has been growing," the New York Fed researchers said on a press call Tuesday. "This does reflect financial hardship out there." The average credit card balance per consumer now stands at $6,678, up 2.