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American households currently have nearly $17.1 trillion in consumer debt, with balances standing $2.9 trillion higher than before the lockdown-induced recession, according to data released on Monday from the Federal Reserve Bank of New York.
Published: Sunday, May 28th, 2023 @ 12:32 am
By: Daily Wire
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Record spending during the holiday season coincided with many American households making expenditures using record amounts of debt.
Published: Sunday, January 15th, 2023 @ 9:21 am
By: Daily Wire
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This week, Courtney Lindeen presented her husband Aaron with a bold and innovative plan to solve the family's consumer debt burden.
Published: Friday, August 12th, 2022 @ 4:47 pm
By: Babylon Bee
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As inflation continues to steam ahead, more consumers are turning to debt to stay afloat. Whether this is out of necessity or fiscal missteps, the fact remains: dollars are not going as far.
Published: Wednesday, July 13th, 2022 @ 11:46 am
By: John Locke Foundation
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A North Carolina House bill aimed at protecting consumers from being financially destroyed by medical debt was filed Tuesday, May 24.
Published: Tuesday, May 31st, 2022 @ 7:19 pm
By: Carolina Journal
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Since the onset of the Great Recession in 2007, many American households and businesses have substantially reduced their indebtedness. That was a rational decision. A key cause of the boom that led to the bust was excessive leverage, itself a product of the Federal Reserve Board's easy-money..
Published: Tuesday, January 28th, 2014 @ 1:59 pm
By: John Locke Foundation
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