Celebrating 10 Years of Trusted News Discovery
One News Page
> >

American Debt Load Has Reached Another Record

Video Credit: Wochit - Duration: 00:33s - Published < > Embed
American Debt Load Has Reached Another Record

American Debt Load Has Reached Another Record

In the fourth quarter of 2018, the overall debt shouldered by Americans edged up to a record $13.5 trillion.

This is according to the U.S. household debt and credit report, published by the Federal Reserve Bank of New York.

American debt has risen consistently since 2013, when debt bottomed out after the last recession, says Reuters.

The closing of credit cards and other accounts jumped to its highest level since 2010.


You Might Like

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.