Items Tagged with 'AUTO LOAN DEBT'

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  • Americans are way more in debt now than they were after the financial crisis

    Auto loans push household debt 21% above post-crisis levels
    American household debt continues to climb to record levels, reaching $13.54 trillion in the fourth quarter of 2018. According to the latest report from the Federal Reserve Bank of New York, household debt is now $869 billion higher than 2008’s $12.68 trillion peak – and 21.4% above the debt levels seen in the wake of the financial crisis.
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