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Rising Household Debt Is Putting the American Dream on Hold
America’s household debt has reached historic levels—and it’s increasingly standing between millions of Americans and homeownership. With credit card balances topping $1.23 trillion and more families relying on debt just to cover basic expenses, Tim Lucas and Craig Berry break down what the latest Federal Reserve data reveals about consumer borrowing, debt-to-income ratios, and why buying a home is getting harder even for working households.In this episode you’ll learn:How big the debt problem really is: Credit card debt alone has surged to $1.23 trillion, having continued to rise over the…
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