Americans are Taking on More Debt

Released  January 2, 2019
By Megan Greuling

Americans are getting strung out on credit again, according to a new report.  LendingTree® on Thursday released its Consumer Debt Outlook for June 2018, finding that American household debt is currently on pace to exceed the prior peak debt level from 2008 by the end of June, primarily due to non-mortgage consumer debt.