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The New York Federal Reserve

Business

U.S. Debt Crisis Deepens as Millions Fall Behind on Loan Payments

November 28, 2025

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The New York Federal Reserve’s latest household debt report showed that total household debt rose in Q3 2025 to $18.6 trillion, an increase of $228 billion in just three months.

Recent data has revealed a troubling financial landscape facing American consumers, as delinquencies and missed payments have surged to levels…