Consumer Debt Hits Near Record Highs

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Americans have a massive amount of household debt and continue to rack it up at a breakneck pace.

Total household debt has now reach over 17-trillion-dollars.

Per household it amounts to just over 145 thousand dollars.

The debt is mostly being driven by soaring costs for food, housing, and auto loans.

WalletHub reports Boston, North Las Vegas and Madison, Wisconsin are the cities where Americans are adding the most debt.

(Photo by EZEQUIEL BECERRA/AFP via Getty Images)

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Photo: EZEQUIEL BECERRA / AFP / Getty Images


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