HOUSEHOLD DEBT AND CREDIT REPORT (Q2 2018)
Household Debt Continues to Climb in the Second Quarter of 2018
The CMD’s latest Quarterly Report on Household Debt and Credit reveals that total household debt reached a new peak in the second quarter of 2018, rising by $82 billion to reach $13.29 trillion. Mortgage balances, the largest component of household debt, rose to a total of $9 trillion during the second quarter. Auto loan balances increased by $9 billion to reach $1.24 trillion, continuing a six-year upward trend.

For more details:
Report: Q2 2018
Blog: Just Released: Cleaning Up Collections
Press Release: Total Household Debt Rises for 16th Straight Quarter
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