Household Debt | WYPR

Household Debt

May 31, 2017

Credit kuhnmi/flickr

Remember a few years ago when households around the country committed to paying down their debts? The financial crisis hit many households hard, particularly those who had taken on a considerable amount of debt. For a time, household debt was in decline. In late 2008, household debt commenced a decline that would last for 19 consecutive quarters. But debt began to rise again in 2013. 

Anirban has more.