HOUSEHOLD DEBT AND CREDIT REPORT (Q3 2018)
Household Debt Registers Faster Growth in Q3 2018
The CMD’s latest Quarterly Report on Household Debt and Credit reveals that total household debt rose by $219 billion to reach $13.51 trillion in the third quarter of 2018—an increase of 1.6 percent, up from a rise of 0.6 percent in the second quarter. Balances climbed 1.6 percent on mortgages, 2.2 percent on auto loans, 1.8 percent on credit cards, and 2.6 percent on student loans this past quarter.

For more details:
Report: Q3 2018
Blog: Just Released: A Look at Borrowing, Repayment, and Bankruptcy Rates by Age
Press Release: Total Household Debt Rises for 17th Straight Quarter
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