Americans' Consumer Debt Hits All-Time High of $18.2 Trillion, Experts Say Some Borrowers 'Will Have A Much More Difficult Time Getting Credit' Going Forward

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Americans' Consumer Debt Hits All-Time High of $18.2 Trillion, Experts Say Some Borrowers 'Will Have A Much More Difficult Time Getting Credit' Going Forward

finance.yahoo.com/news/americans-consumer-debt-hits-time-151521773.html

American consumer debt hit $18.2 trillion in the Q1 2025, according to the Federal Reserve Bank of New York
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While credit card and auto loan balances are both declining, student loan debt and mortgage balances have increased
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Student loan debt was also identified as the primary driver…

This story appeared on finance.yahoo.com, 2025-05-19 15:15:21.