CardHub: Record $57.1 billion in new credit card debt for 2014

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Consumer debt, on the other hand, has continued to increase and just reached an all-time high of $3.2 trillion. Americans have added about $100 billion of student debt a year to their balance sheets since 2008. credit cards and auto loans have also come roaring back, particularly auto loans.

CardHub: record .1 billion in new credit card debt for 2014. GDP grew in 2014 and so did consumer spending – but it was spending that was charged on the card.. consumers are quickly.

A consumer credit card debt survey sponsored by CardHub reported a big uptick in 2014, with a 47 percent rise in credit card spending from 2013. Across the United States, people added $57.1 billion in new credit card debts in 2014. The fourth quarter accounted for $45 billion of that spending.

On March 10, CBS reported that credit card debt last year skyrocketed and the trend is expected to continue into 2015 as the U.S. economy continues to improve. According a recent survey from CardHub, a total of $57.1 billion in new credit card debt was recorded in the U.S. last year.

The U.S. economy may be strengthening, but by one measure Americans are flunking the basics of personal finance. Credit card debt is ballooning, leaving American households with a net increase of $57.1 billion in new credit card debt in 2014, according to a new survey from CardHub.

In an article titled, "Americans Skyrocketing Credit Card Debt" by CBS News Money Watch, credit card debt is ballooning, leaving American households with a new increase of $57.1 billion in new credit card debt in 2014 (according to a new survey from CardHub). The credit card comparison site said it is forecasting new credit card debt will.

CardHub today released its 2014 Credit Card Debt Study, which revealed that consumers ended 2014 with a record $57.1 billion net increase in credit card debt – 47% more than 2013 and 55% more than.

What will the looming Fed rate hike do to housing? There’s an interest rate hike likely coming from the Federal Reserve as early as this week, but it’s not likely to impact the hot housing market in Portland in the immediate future. That’s.

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