![US household debt hit a record $17.5 trillion during the fourth quarter.](https://abc17news.b-cdn.net/abc17news.com/2024/02/cnn-L19jb21wb25lbnRzL2ltYWdlL2luc3RhbmNlcy9jbHNhamJoc2EwMDIyMzU2aDdsYjU1b3Vz-L19jb21wb25lbnRzL2FydGljbGUvaW5zdGFuY2VzL2Nsc2FmbGJqaTAwMHA5a3BiM3ZoODI5aG0-375x225.jpg)
Millennials are running up more debt than ever before
CNN By Alicia Wallace, CNN New York (CNN) — Americans — particularly Millennials and those with lower incomes — are becoming increasingly overextended financially: Credit card and auto loan delinquencies have not only surpassed pre-pandemic levels, they’re the highest they’ve been in more than a decade. During the fourth quarter, US household debt hit a
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