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114 views • November 8, 2023

NTD Business (Nov. 8): Americans Owe More Than $17 Trillion in Debt; Now Is Least Affordable Housing Market

NTD News
NTD News
Americans are piling up record credit card balances, and many are falling behind on those payments. Credit card balances hit more than $1 trillion during the third quarter, leaping by a record $154 billion from the year before, according to the Federal Reserve Bank of New York's latest quarterly report on household debt and credit. The year-over-year increase is the largest since the New York Fed started tracking that data in 1999.
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