Household Debt Hits a Record High

house debt

According to the Federal Reserve Bank, household debt has hit a new record high and credit card delinquencies are on the rise. The amount of household debt has reached $12.84 trillion. In 2008, the amount of household debt was $13 trillion.

If you believe you have an overwhelming amount of debt, feel free to contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

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