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Total US household debt soars to record above $13 trillion

Published: February 14, 2018
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Source: CBNC

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  • Total household debt rose to an all-time high of $13.15 trillion at year-end 2017, according to the Federal Reserve Bank of New York's Center for Microeconomic Data.
  • The report said it was fifth consecutive year of annual household debt growth with increases in the mortgage, student, auto and credit card categories.

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