According to the Federal Reserve Bank of New York, U.S. credit card debt has climbed to $1.209 trillion in the second quarter of 2025, up 2.3% ($27 billion) from Q1, and 5.87% higher ($67 billion) than last year’s Q2 debt.

More Orange County residents have had their medical debt eliminated, thanks to a county program that has wiped out more than half a billion in medical debt so far. In August 2024, Orange County commissioners agreed to set up the debt relief program, using $4.5 million from the American Rescue Plan Act.

Debt collection calls are reaching new highs across the U.S. in 2025, with a significant number of those calls flagged as abusive or threatening.

Orange County is delaying its plan to use American Rescue Plan funds to pay off medical debt relief after commissioners questioned how recipients would be identified.

Medical debt will no longer appear on the credit reports of New York residents.

Roughly 57,000 Florida residents paying student loans for decades are on track to walk away from those loans, provided they have been paying on time for 20 or 25 years, according to the Department of Education.

Credit card debt and the hefty annual percentage rates, or APR, have Florida consumers struggling to pay bills.

Lawmakers in over a dozen states and the U.S. Congress are tackling medical debt, which has become a leading cause of personal bankruptcy.

An increasing number of municipal, county and state governments are using federal pandemic relief funds to pay residents’ burdensome medical debt.

Stacker looked at 2022 data from the Federal Reserve of New York to determine where student debt is hitting the nation the hardest.

Help is coming for many people struggling with medical debt on credit reports.

McDonald’s is offering to help Georgia workers with their student loan debt.

New regulations are now in place for how U.S. debt collectors can contact you and it includes using social media.

A new study shows a lot of Americans are not worried about Christmas gifts, they are more concerned about holiday debt. According to the survey, 25% of people say they have already finished their holiday shopping. [TRENDING: How to turn off Facebook election reminders | Big rig with police lights pulling over drivers | Voter Guide 2020]Researchers also found that a large number of Americans are worried about debt because of the holidays. According to the survey, 31% of consumers believe they will incur debt this holiday season. More than half of parents and nearly half of those furloughed say the same.

Tax season and credit cards seem to go hand-in-hand like peanut butter and jelly, at least if you believe the findings of a recent study conducted by Credit Card Insider. Using SurveyMonkey to conduct an online survey of 3,114 adults from Feb. 3-5, Credit Card Insider found out the following information when it comes to how important credit cards are for people during tax season. 14% of respondents who expected to owe this year planned on using a credit card to pay their taxes. Of those expecting a tax refund, 40% had credit card debt. 75% of those with debt plan to use their tax refund toward paying it off.