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Americans Are Carrying Record Household Debt into 2024

Collection Industry News

While the new year marks a time for new beginnings and a fresh start, millions of Americans entered 2024 with more debt and less to put in their checking and savings accounts. household debt reached a record high of $17.3 trillion, according to data from the Federal Reserve Bank of New York (NYFRB). at the outset of 2024.

article thumbnail

Americans Are Carrying Record Household Debt into 2024

Collection Industry News

While the new year marks a time for new beginnings and a fresh start, millions of Americans entered 2024 with more debt and less to put in their checking and savings accounts. household debt reached a record high of $17.3 trillion, according to data from the Federal Reserve Bank of New York (NYFRB). at the outset of 2024.