AMERICANS HAVE MORE DEBT THAN EVER BEFORE — HERE'S WHAT IT LOOKS LIKE

qz.comUS household debt during the first quarter rose to a new high, surpassing the previous record levels seen in 2008, a report from the New York Federal Reserve released Wednesday showed. Total household debt increased by $149 billion to $12.73 trillion. "This record debt level is neither a reason to celebrate nor a cause for alarm," said Donghoon Lee, a research officer at the New York Fed.  Although household debt...

BusinessInsider (Date:05/20/2017 15:30) Read full article >>

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