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Household Debt in the U.S. Reaches $18.8 Trillion

Household debt in the U.S. has reached $18.8 trillion, according to a nonprofit credit-counseling group. This debt is affecting household budgets, savings, and financial flexibility.

According to a nonprofit credit-counseling group, recent figures indicate that household debt in the United States has reached $18.8 trillion. This level of debt is reported to be impacting household budgets, reducing savings, and limiting financial flexibility.

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Americans are under intense financial stress as household debt reaches $18.8T

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Household Debt in the U.S. Reaches $18.8 Trillion