Americans Are Carrying Record Household Debt into 2024
Collection Industry News
JUNE 17, 2024
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% The total household debt of $17.3 over the same period.
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