Special Report

American Credit Card Debt Every Year Since 1986

Source: Alex Wong / Getty Images

2021
> Total outstanding credit card debt: $1,020.9 billion — #4 most since 1986
> Change in outstanding credit card debt: +$65.8 billion — #6 largest increase since 1986
> Credit card charge-off: $20.5 billion — #26 most since 1986
> Net result in debt load: +$86.2 billion — #8 largest increase since 1986

Source: romrodinka / Getty Images

2022 (through Q3)
> Total outstanding credit card debt: $1,100.1 billion– the most since 1986
> Change in outstanding credit card debt: +$79.2 billion — #2 largest increase since 1986
> Credit card charge-off: $15.1 billion– #27 most since 1986
> Net result in debt load: +$94.4 billion– #4 largest increase since 1986

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