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Report: Credit card debt projected to decrease $61B

WalletHub's analysis of new Federal Reserve data set to be released Friday forecasts a $61 billion drop in credit card debt.

Published Jun 1, 2026, 3:04 PM EDT | WFMZZ

The Center Square reports WalletHub predicts a $61 billion decrease in credit card debt based on new data from the Federal Reserve. The Fed's data set that informs the projection is scheduled for release Friday.