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U.S. Consumer Debt Grows at Alarming Rate
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| Parent(s) |
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| Contributor | Servo |
| Last Edited | Servo Jan 14, 2004 08:25am |
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| Category | News |
| Media | Newspaper - Washington Post |
| News Date | Wednesday, January 14, 2004 06:00:00 AM UTC0:0 |
| Description | Feeling besieged by all those post-holiday credit card bills? Struggling to dig out from an avalanche of debt?
You are not alone.
According to the latest figures from the Federal Reserve, America's consumer debt has topped $2 trillion for the first time, continuing what debt experts view as an alarming surge in recent years. |
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