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US household debt up as home mortgages rise
Published Wed, Feb 14, 2018 · 09:50 PM
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Washington
THE total debt held by US households surged in 2017 to more than US$13 trillion, the fifth straight annual increase, amid a continued rise in home mortgages and car loans, according to data released on Tuesday.
But nearly a decade after the start of the global financial crisis, the hangover from the US housing market collapse is still evident in some area…
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