U.S. credit card debt hit $1.25 trillion as delinquencies reached a 15-year high. Inflation and high interest rates are leaving more Americans behind.

The numbers suggest a small but growing share of American consumers have fallen into a pit of credit card debt. It's hard to dig out.

U.S. credit card debt hit $1.25 trillion as delinquencies reached a 15-year high. Inflation and high interest rates are leaving more Americans behind.