Household debt surged in 2019, marking the biggest annual increase since just before the financial crisis, according to the New York Federal Reserve. Total household debt balances rose by $601 billion last year, topping $14 trillion for the first time, according to a new report by the Fed branch. The last time the growth was that large was 2007, when household debt rose by just over $1 trillion.
Household debt jumps the most in 12 years, Federal Reserve report says
The Real Risk Of A Market Correction: Record Household Debt
Discover Crashes Most Since The Financial Crisis On Highest Q4 Charge-off Rate This Decade
More Americans feel confident about taking on debt in 2020, even as delinquencies rise
Mortgage rates are at three-year lows — here are 5 questions to ask yourself before you refinance your mortgage
Americans 4 Times More Likely to Be Equity-Rich as Home Values Increase
More Americans equity-rich
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