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Americans Are Carrying Record Household Debt into 2024

Collection Industry News

This includes mortgages, home equity revolving debt, auto loans, credit cards, student loans and other consumer lending such as retail cards. Household debt in the “Other” category — which includes retail cards and other consumer loans — also saw a substantial increase of 7.7% Consider bankruptcy: Don’t be scared. on the year.

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Americans Are Carrying Record Household Debt into 2024

Collection Industry News

Household debt in the “Other” category — which includes retail cards and other consumer loans — also saw a substantial increase of 7.7% Ridley, who helps clients manage debt, offered some general advice for debt management. Consider bankruptcy: Don’t be scared. Call a bankruptcy attorney for a free consultation.