What Are the 6 Types of Debt Weighing Down the Average American?

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Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. Americans are carrying more debt than ever before. According to the Federal Reserve Bank of New York’s Q2 2025 Household Debt and Credit Report, total household debt reached $18.4 trillion. That works out to about $138…

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