Welcome back debt! Total household debt rose by $63 billion
The appetite for debt is now back in a furious way. Total household debt was up $63 billion last quarter driven largely by auto loans. Auto loans increased by $32 billion and the amount of auto debt outstanding is stunning. There is now a total of $1.14 trillion in auto loans floating in our
Source: Welcome back debt! Total household debt rose by $63 billion
My Comments: Good read…auto and college loans kicking ass. Don’t buy what yo a* can’t afford.