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Here's what you need to know. During the fourth quarter of 2016, total household debt in the United States jumped more than it has in three years, increasing from $226 billion to $12.58 trillion. According to the Federal Reserve, our debt is only 0.8 percent below its all-time peak of $12.68 trillion (during the 3rd quarter of 2008). This rise in debt came from every type of household debt, inc... Read More
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