Saving Down, Debt Up in U.S.

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Summary

As the bills from holiday spending sprees arrive, Americans are finding that the mountain of debt they've built has gotten even higher.

Consumer debt has more than doubled in the past 10 years to record levels, making it hard for many families to cope.

Extract

Saving Down, Debt Up in U.S.

For Bruce and Lorraine Esbensen, of Clifton Heights, Pa., trouble started when they spent...