New York Fed: Household debt hit $17.5 trillion in Q4 2023
Total household debt rose by $212 billion to reach $17.5 trillion in the fourth quarter of 2023, according to the most recent Quarterly Report on Household Debt and Credit Report.
Total household debt rose by $212 billion to reach $17.5 trillion in the fourth quarter of 2023, according to the most recent Quarterly Report on Household Debt and Credit Report.
Most Americans say they are comfortable managing their debt despite higher prices and debt obligations, according to a recent survey by the National Foundation for Credit Counseling.
Total household debt increased by $228 billion, or 1.3%, to $17.29 trillion in the third quarter of 2023, according to the Federal Reserve Bank of New York’s latest quarterly report on household debt and credit.
The average balance on U.S. bankcards has grown over the past year, as has the pace of customers entering delinquency, according to a new report by credit scoring services firm FICO.
Total household debt increased slightly by $16 billion, or 0.1%, to $17.06 trillion in the second quarter of 2023, according to the Federal Reserve Bank of New York’s latest quarterly report on household debt and credit.
Total household debt rose by $148 billion, or 0.9%, to $17.05 trillion in the first quarter of 2023, according to the Federal Reserve Bank of New York’s latest quarterly report on household debt and credit.
Consumers are continuing to look to credit to ease the financial pressures of high inflation and rising interest rates, according to the recently released Q4 2022 Quarterly Credit Industry Insights Report by TransUnion.
More than 33% of Americans overspent during the holidays and 59% do not expect the economy to return to normal this year.
Total household debt rose by $351 billion, or 2.2%, to reach $16.51 billion in the third quarter of 2022, the Federal Reserve Bank of New York reported today.
Most U.S. adults are on top of managing their debt, but those with debt believe it is standing in the way of realizing their financial goals, according to a new survey by insurer New York Life.