US Consumer Debt at All Time Highs

The WSJ reports that credit card, personal, auto and student loan debt is slated to top $4 trillion in 2019; mortgage debt is approaching levels last witnessed during the housing crash; despite this data, there aren’t many signs of trouble for Americans in managing the debt as losses on loans remain low; the article shares further data on consumer spending, disposable income and breaks out debts by lending vertical. Source

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