Household Debt Reaches $18.2 Trillion as Student Loan Delinquencies Trigger Credit Score Plunge

Household Debt Reaches $18.2 Trillion as Student Loan Delinquencies Trigger Credit Score Plunge

By Stacy M. Brown Black Press USA Senior National Correspondent The Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit reveals a sharp rise in total household debt, reaching $18.20 trillion in the first quarter of 2025. While some categories of debt, such as credit card and auto loans, experienced modest declines, student loan balances jumped by $16 billion to $1.63 trillion, with a notable surge in delinquen…

Debt Collection Calls Are Skyrocketing in These States and Cities

Are you getting more unknown calls than usual? It might be a debt collector. In the first quarter of 2025, Americans filed more than 112,000 complaints with the Federal Trade Commission, or FTC. That’s a 150% increase from the same time last year, according to an analysis from NumberBarn based on FTC data. At the state level, Georgia led the nation with the most complaints per capita — about 80 complaints per 100,000 residents — followed by Texa…

Household debt reaches $18.2 trillion as student loan delinquencies trigger credit score plunge

The Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit reveals a sharp rise in total household debt, reaching $18.20 trillion in the first quarter of 2025. While some categories of debt, such as credit…

Household Debt Reaches $18.2 Trillion as Student Loan Delinquencies Trigger Credit Score Plunge – The Windy City Word

By Stacy M. Brown Black Press USA Senior National Correspondent The Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit reveals a sharp rise in total household debt, reaching $18.20 trillion in the first quarter of 2025. While some categories of debt, such as credit card and auto loans, experienced modest declines, student loan balances jumped by $16 billion to $1.63 trillion, with a notable surge in delinquen…