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The Midland

Household debt hits record $18 trillion as families lean on credit cards

Household debt hits record $18 trillion as families lean on credit cards
Photo: KOSA CBS7 / First Alert 7 (Permian Basin CBS) · view original

( InvestigateTV ) — Total household debt in the United States hit a record $18 trillion in the first quarter of this year, according to the New York Federal Reserve, as more families lean on credit cards to cover rising costs. Ted Rossman with Money Management International said demand for credi...

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