U.S. consumer debt has hit a new record, but lenders shouldn't be spooked | American Banker

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You may see a few headlines in the next 24 hours lamenting the fact that U.S. household debt has climbed back to its pre-financial-crisis peak.

But don’t cue the scary music. The bad old days of 2008 are not back. Many U.S. consumers are indeed struggling to manage their debts, but there is no reason for most lenders to panic.

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