Americans Have $12.58 Trillion Of Debt — Here's What It Looks Like

feedback@businessinsider.com (Business Insider), Business Insider
Sun, 02/19/2017 - 9:25am

Americans' debt balances rose "substantially" in the final quarter of 2016, according to the Federal Reserve Bank of New York. Household debt totaled $12.58 trillion as of December 31, 2016, according to the New York Fed's latest quarterly report on credit. Total debt increased by 1.8%, or $226 billion, in Q4.

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Americans Have $12.58 Trillion Of Debt — Here's What It Looks Like

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