Americans Lever Up on Credit Card, Mortgage Debt Ahead of Higher Interest Rates

Yahoo! Finance, Feb. 8, 2022–Brian Cheung
Total household debt increased by $333 billion to $15.58 trillion in the final three months of last year, according to the Federal Reserve Bank of New York. Over the entirety of 2021, household debt grew by $1 trillion — the largest increase seen since 2007.