More individuals face immediate and significant financial strains, leading them to tap into their retirement savings as a solution.

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Surging Household Debt Sparks Concern As Delinquency Rates Soar - Financial Freedom Countdown

Credit card balances, mortgage loans, and auto loans are at record-high levels as delinquency rates for most debt types continue to climb, causing concern about the U.S. consumer-driven economy among economists and financial analysts.

Financial Freedom Countdown