Overdue bills are rising with US debt delinquencies, Fed survey shows

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US household debt has reached a record and more borrowers are struggling to keep up. Overall US household debt rose to $17.7 trillion, according to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit released Tuesday. That’s an increase of $184 billion, or 1.1%, from the fourth quarter. The data […]



Source : AutoFinanceNews