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Total US household debt has now topped $19.1 trillion, the highest level ever recorded, and that number is $520 billion more than a year ago, according to data from the US Federal Reserve in New York.

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CNBC Arabia · · Source

🇺🇸 USA · ניו יורק · Map

Total US household debt has now topped $19.1 trillion, the highest level ever recorded, and that number is $520 billion more than a year ago, according to data from the US Federal Reserve in New York.

Total US household debt has now topped $19.1 trillion, the highest level ever recorded, and that number is $520 billion more than a year ago, according to data from the US Federal Reserve in New York.

Mortgage loans: $13.374 trillion.

Car loans: $1.734 trillion.

Student loans: $1.656 trillion.

Credit cards: $1.285 trillion (new record).

Other debts: $575 billion.

The percentage of household debt in the US in arrears reached 5%, compared to 4.7% in the previous quarter.

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