New Study Reveals Unprecedented Levels of Debt for Americans
The Kaplan Group
JUNE 5, 2024
Although the total amount of debt decreased temporarily after the subprime crisis in 2008, the debt burden has been growing at a rapid pace since then, outpacing inflation. As an exception, credit card debt has shown minimal growth since 2023, and from 2010 to 2016, it was even lower than in 2003.
Let's personalize your content