Mar 11, 2025

A jump in credit card defaults

Anna Barclay/Getty Images

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

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More Americans are defaulting on credit card debt, study finds

by Matt Levin

Mar 11, 2025

An analysis from personal finance company WalletHub found consumers took on an additional $74 billlion in credit card debt in 2024.

Americans defaulted on $59 billion in credit card debt in 2024.

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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

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