Categories | News & Politics Article

Consumer Debt in America - A Closer Look

November 13th, 2019 • News & Politics • 1 minute read
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Author Brianna Miller

Consumer Debt in America - A Closer Look

Consumer debt continues to rise in the United States, approaching $13.86 trillion in Q2 2019. The infographic below takes a deep dive into the different types of debt that Americans face, compiling research from several different sources to provide a holistic view. Please click on the image to expand.

Four main areas of debt growth; graphic courtesy of author.Four main areas of debt growth; graphic courtesy of author.

We ask and answer some fundamental questions: How much is debt increasing with respect to our income? How are Americans dealing with the debt? Are most Americans financially literate?
Brianna Miller

About Brianna Miller

Brianna Miller is a writer and designer for Ascend and Saved by the Cents, where she shares in depth articles on topics such as a Chapter 7 Calculator and a Chapter 13 Calculator. 

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