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KM Financial Solutions | U.S. household debt tops $14 trillion and reaches new record
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U.S. household debt tops $14 trillion and reaches new record

10 Feb U.S. household debt tops $14 trillion and reaches new record

Posted at 16:00h in News by
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American households added $193 billion of
debt in the fourth quarter, driven by a surge in mortgage loans,
and overall debt levels rose to a new record at $14.15 trillion,
the Federal Reserve Bank of New York said on Tuesday.

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