US credit card debt rose by the most in history in Q4

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US household debt increased by $333B in Q4Total household debt hits $15.58 trillionCredit card balances rose $52B in Q4, the largest increase in 22-year history of the surveyOverall credit card balances still $71B lower than peak at the end of 2019Auto loan balances rose by $15B in Q4Mortgage balanc

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