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Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's degree ...

Consumers in the United States owed $17.57 trillion in total debt as of the third quarter (Q3) of 2024, according to Experian data. That’s a 2.4% increase from the $17.15 trillion total Experian ...

Experian addresses each type of debt in the following sections. Many of the increases or decreases in debt levels in 2024 are historically atypical, even compared with debt level changes during the ...

Pla2na // Shutterstock Experian study: Average U.S. consumer debt and statistics Consumers in the United States owed $17.57 trillion in total debt as of the third quarter (Q3) of 2024, according to ...

Generally, revolving types of debt (such as HELOCs and credit cards) grew well above the 2.4% average, while installment debts secured by assets (auto loans and mortgages, for instance) grew more ...