Outstandings on general purpose credit cards—Visa, Mastercard, American Express and Discover—combined with outstanding receivables tied to all private label (store, gasoline, medical, etc.) card products reached $1.255 trillion at year-end 2022, up 17.2%. This credit card debt figure (also called outstandings), which includes commercial and consumer card products, was compiled by the Nilson Report from its surveys of financial institutions and private label lenders. US household debt totaled $19.393 trillion at year-end 2022, up 5.8% over 2021. That figure was compiled by the Federal...