America’s Credit Card Reality Check: How Each Generation Handles Debt in 2025

The State of Credit Card Debt in 2025

After a few tough years of inflation, rising rent, and higher borrowing costs, Americans have leaned harder than ever on credit cards to fill the gaps. The Federal Reserve’s latest data shows that total credit card balances have surged since 2021 — and they’re not slowing down.

Even those who were once careful about keeping balances low have started to rely on revolving credit just to keep up with everyday life. Groceries. Gas. Car repairs. Nothing extraordinary — just the basics that now cost a whole lot more.

So when we talk about debt, it’s not just about financial mistakes. It’s about survival and adaptation in a world where prices keep climbing but paychecks don’t always follow.

You might also like:  4 Things the Consumer Confidence Index Is Telling Us
<1 2 34 ... 9>
Picture of Sierra Callahan

Sierra Callahan

Picture of Sierra Callahan

Sierra Callahan

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

top picks

Subscribe to our newsletter

Get weekly money tips straight to your inbox!

You’ll learn how to:

Enter your email below to join the community.

you may also like

Stay Smart with Your Money!

Follow American Pockets on social media for bite-sized money tips and real-life finance hacks!

What you’ll get:

Follow us now — your wallet will thank you!