U.S. credit card debt surged to $1.26 trillion in the second quarter of this year—an increase of $21 billion—bringing balances close to the record $1.28 trillion set late last year. According to new data from the Federal Reserve Bank of New York, a combination of robust consumer spending and elevated costs for everyday essentials like food and fuel continues to push card balances upward.Rising debt levels have made it increasingly difficult for many households to keep up with payments. Overdue b...