Our Privacy Statement & Cookie Policy

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

I agree

Americans optimistic about paying down debt in 2025

Karina Mitchell

02:12

U.S. collective credit card debt swelled to more than $1 trillion in 2024. The median U.S. credit card debt was higher than any other country in the world — nearly $6,000 per household, more than double that of second place, Japan. A new survey finds that reducing personal debt is a top financial goal for many Americans in 2025. The survey also shows they feel optimistic that it can be done. Karina Mitchell reports.

For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.

Search Trends