ATLANTA — Credit card debt in the United States has reached a record high, with a new report showing Americans are carrying more debt than ever before.

“Unfortunately Americans have never had more debt than they have right now,” said Ted Rossman with the nonprofit Money Management International.

Credit card balances nationwide have climbed to $1.29 trillion, a 67% increase since 2021. According to TransUnion, the average American with credit card debt owes approximately $6,600.

Rossman says many households are struggling to keep up with everyday expenses.

“A lot of people are leaning on credit cards to make ends meet and pay for things, like gas and groceries, medical bills, and car repairs, to bridge that gap,” Rossman said.

The growing debt is also placing additional pressure on household budgets, with more Americans turning to financial assistance organizations for help.

“We’re seeing people struggle with credit card debt unfortunately. We’re seeing in our non profit organization more debt under management than at any point since 2013, a lot of people are leaning on credit cards to make ends meet,” Rossman said.

Money Management International is also experiencing a significant increase in demand for its services.

“This is about as busy as our organization has been in 15 years. It really is one of the indicators of financial stress,” Rossman said.

WSB Radio’s Ashley Simmons & Sabrina Cupit contributed to this story.