Household Debt and Credit Cards in the US

Article

Household Debt and Credit Cards in the US — 2022

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...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

Nilson Report

1250

October 2023

Headlines in this Issue

Charts in this Issue

Largest Merchant Acquiring Portfolios Worldwide

Top 10 Acquirers of Visa and Mastercard Payments

Largest 150 Merchant Acquirers Worldwide

POS Shipments by Type of Device and Market Share

POS Terminal Manufacturers’ Total Shipments and Market Shares

Manufacturers of POS Terminals Shipped in 2022 by Region

Card Debt as a Percentage of Total Household Debt

US Credit Card Debt and Consumer Credit

Credit Card Debt as a Percentage of Consumer Credit

Investments & Acquisitions—September 2023

Publicly Traded Companies in Payments