US Household Debt Reaches New High Amid Rising Credit Card and Mortgage Balances
TL;DR
U.S. household debt has hit a record high of $18.59 trillion under President Trump, driven by increases in mortgages, student loans, and auto loans, with student loan delinquencies reaching a new peak, despite the administration's promises to improve economic conditions.
- Household Debt Hits Record High Under Trump The Daily Beast
- US household debt up modestly in third quarter, New York Fed says Reuters
- Americans' household debt hits new record high, according to report abcnews.go.com
- Americans owe $18.59 trillion, with credit card balances climbing ABC 10News San Diego
- Q3 NY Fed Report: Mortgage Originations by Credit Score, Foreclosures Increase Slightly Substack
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