Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTCaleb NaysmithSun, June 7, 2026 at 4:00 PM GMT+2 2 min readCredit card debt is the kind of money problem that can look manageable until the interest starts doing the work.New York Fed data show credit card balances stood at $1.25 trillion in Q1 2026 after a seasonal decline from the previous quarter. Good Morning America tied that number to household budget pressure and offered practical advice for borrowers trying to lower the cost of carrying balances.More News from BarchartBillionaire Charlie Munger Was Asked Why Warren Buffett Is ‘So Much Richer’ Despite Being Partners — ‘Why Was Albert Einstein Poorer Than I Was?’