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Household debt to surpass 2008 peak by $1 trillion  (access required)

LendingTree has released its Consumer Debt Outlook finding that American household debt is currently on pace to exceed the prior peak debt level from 2008, primarily due to non-mortgage consumer debt. LendingTree's analysis of the latest Federal Reserve data found that mortgage-related household debt has actually fallen by 5.5 percent while total consumer credit - ...

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