Household Debt Hits Highest Level Since 2008 Financial Crisis
Household Debt Hits Highest Level Since 2008 Financial Crisis Household debt in the United States has hit the highest level since the 2008 financial crisis. The average American household owed $142,860 at the end of 2022 according to an analysis by WalletHub, likely due to sky-high inflation and rising interest rates. According to the report,…