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Consumers Took on More Debt in March, Reversing Previous Paydowns
pymnts.com/consumer-finance/2025/consumers-took-on-more-debt-in-march-reversing-previous-paydowns
It looks like the paydowns on debt, for most U.S. households, were just a temporary lull.
Last month, PYMNTS reported that consumers had cut down at least a bit on their overall debt burden, paying down about $800 million. Spending on cards, long a mainstay in managing household…
This story appeared on pymnts.com, 2025-05-07 22:19:18.