10 Key Insights from LendingTree’s Credit Card Debt Study — and How UpliftRelief Can Help You Take Control
Managing debt in today’s economy is becoming more challenging for many households. A new LendingTree report shows that Americans are carrying record-high credit card balances — highlighting the increased financial pressure facing consumers across the country.
If you're dealing with credit card debt, medical bills, or personal loans, you’re not alone. Below are 10 major takeaways from LendingTree’s study — along with how UpliftRelief connects you with licensed providers who can explain available debt relief options tailored to your situation.
🔟 Top Takeaways from LendingTree’s Credit Card Debt Report
1. U.S. Credit Card Debt Tops $1.2 Trillion
Americans now carry over $1.209 trillion in credit card balances.
💡 Many people are researching debt relief resources to better understand their options.
2. Debt Has Increased 57% Since 2021
Balances have grown by $439 billion since 2021.
💡 A growing number of households are seeking guidance on managing rising debt.
3. Average Balances Near $7,300
The typical revolving balance is $7,321 per borrower.
💡 Understanding available programs can help consumers make more informed decisions.
4. Debt Varies Widely by State
New Jersey averages $9,382 per person; Mississippi averages $5,221.
💡 Local economic conditions and available support options can vary significantly.
5. Interest Rates Are Historically High
APR averages 22–24%, creating long-term affordability challenges.
💡 High interest rates make educational financial resources more important than ever.
6. Delinquencies Remain Low (for Now)
3% of balances are 30+ days past due.
💡 Staying current is positive, but minimum payments can make progress slow.
7. Less Than Half Carry Balances
46% carry debt month to month.
💡 Many consumers are actively seeking ways to better understand their repayment options.
8. New Credit Cards Have Higher APRs
New offers average ~25% APR.
💡 Borrowers are becoming more cautious about taking on new debt.
9. Regional Trends Differ
Georgia’s balances rose 20.5%, while Louisiana’s fell 8.4%.
💡 Financial environments differ, so personalized information can be helpful.
10. Interest Is the Real Challenge
Minimum payments heavily favor interest, not principal.
💡 Many people seek guidance to better understand their potential paths forward.
💡 How UpliftRelief Helps You Explore Your Options
At UpliftRelief, we do not provide debt settlement or negotiation services ourselves.
Instead, we:
✔️ Help You Understand Your Situation
We walk you through your unsecured debts, budget, and financial challenges so you can clearly identify what type of help you may need.
✔️ Connect You with Licensed, Reputable Providers
We refer you to independent companies and law firms that are licensed to offer and explain available debt relief programs.
✔️ Provide Personalized Matching
Your financial situation is unique, so we introduce you to providers suited to your specific needs.
✔️ Offer Educational Resources
We help you learn about the types of solutions licensed providers may offer so you can make informed decisions.
UpliftRelief does not negotiate or manage debt relief programs.
We act solely as a referral and information service.
🌱 Take the First Step Toward Clarity
Rising debt can feel overwhelming, but you don’t have to navigate it alone.
UpliftRelief connects you with trusted, licensed professionals who can explain available options for managing unsecured debt.
👉 Visit UpliftRelief.com to get started and explore the resources available to you.
