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Tuesday, December 11, 2018

Americans Pile on More Debt; Outstanding Consumer Credit Approaching $4 Trillion

Americans continue to bury themselves in debt. US consumer credit rose by the largest amount in 11 months in October, as Americans piled on another $25.4 billion in debt, according to the latest consumer credit report by the Federal Reserve. Total consumer indebtedness is rapidly approaching $4 trillion, with Americans currently $3.96 trillion in the […]

The post Americans Pile on More Debt; Outstanding Consumer Credit Approaching $4 Trillion appeared first on SchiffGold.com.



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