Americans continued to add to their debt at the end of last year — and grew their credit card balances at record rates.
Mandatory Credit:	Adobe Stock

Americans continued to add to their debt at the end of last year — and grew their credit card balances at record rates.
Mandatory Credit: Adobe Stock

Stories this photo appears in:

Tease photo

Household debt hit record $16.9 trillion last quarter, as consumers loaded up their credit cards

Americans continued to add to their debt at the end of last year — and grew their credit card balances at record rates, according to data released Thursday by the Federal Reserve Bank of New York.