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WebMay 16, 2024 · American households are becoming increasingly indebted. In 2003, total household debt was $7.23 trillion, but that figure has recently doubled to $14.56 trillion … WebDec 15, 2024 · Private debt from non-financial corporations and households also reached new highs. The debt surge amplifies vulnerabilities, especially as financing conditions tighten. Debt increases are particularly striking in advanced economies, where public debt rose from around 70 percent of GDP, in 2007, to 124 percent of GDP, in 2024. WebPrincipal Operating Units: Household Finance Corporation; Household Credit Services; Household Retail Services; HFC Bank plc (U.K.); Household Financial Corporation … st. joseph hospital orange providence