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Mar 11, 2025

A jump in credit card defaults

In 2024, Americans defaulted on $59 billion in credit card debt — a 34% jump from 2023. We’ll hear more

A jump in credit card defaults — Anna Barclay/Getty Images

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Segments From This Episode

More Americans are defaulting on credit card debt, study finds
by Matt Levin
Atstock Productions
An analysis from personal finance company WalletHub found consumers took on an additional $74 billlion in credit card debt in 2024.

The Team

David Brancaccio Host
Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Ariana Rosas Producer
Nic Perez Director/Producer
Dylan Miettinen Digital Producer
John Bruington Media Producer
Jesson Duller Media Producer
Brian Allison Technical Director
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC