US Household Debt Climbs to Record Level
Edited By WION Video Desk
Published: Feb 23, 2026, 11:15 IST | Updated: Feb 23, 2026, 11:15 IST
Americans are borrowing more, and household debt is now at a record high. Recent data shows consumers turned to credit cards and personal loans last year as higher prices continued to squeeze budgets. This sharp surge in borrowing toward the end of the year raises questions about how long households can keep up.
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