Comment on Americans have $12.58 trillion of debt — here's what it looks like

Americans have $12.58 trillion of debt — here's what it looks like

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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