US household debt jumps to $16.5 TRILLION - an increase of 8.3% in the fastest rise since 2008 - as inflation pushes Americans to tap lines of credit to afford rising prices.

jboldeniv

Administrator

Join Date: Sep 2020

Posts: 10166

Country: United States [US]
- Share
- Tweet
#1

US household debt jumps to $16.5 TRILLION - an increase of 8.3% in the fastest rise since 2008 - as inflation pushes Americans to tap lines of credit to afford rising prices.

11-15-2022, 12:54 PM

Inflation is crazy these days. 16.5 Trillion that is a unreal amount of debt.

US household debt jumps to $16.5 trillion in the fastest rise since 2008 | Daily Mail Online

https://www.dailymail.co.uk

Total household borrowing reached $16.51 trillion in the third quarter, a $351 billion increase from the prior quarter and 8.3 percent jump from a year ago, the fastest annual increase in 14 years.
Tags: 16.5 trillion, u.s. household debt

Likes 1
jasondreamweaver

Senior Member

Join Date: Sep 2021

Posts: 2187

Country: United States [US]
- Share
- Tweet
#2

11-15-2022, 03:19 PM

Originally posted by jboldeniv View Post

Inflation is crazy these days. 16.5 Trillion that is a unreal amount of debt.

I've started looking for credit too bc I bracing for the worse
Likes 1
Comment
jboldeniv

Administrator

Join Date: Sep 2020

Posts: 10166

Country: United States [US]
- Share
- Tweet
#3

11-15-2022, 04:54 PM

Originally posted by jasondreamweaver View Post

I've started looking for credit too bc I bracing for the worse

I hear you bruh.
Likes 1
Comment

Global Horizontal Ad1