Americans finding it harder to pay off debt

 

 

(CNN)– Americans are finding it more difficult to pay off their debt, and in some cases have not been this overextended since the aftermath of the great recession.

The Federal Reserve Bank of New York released its latest look at credit conditions for American households.

According to the quarterly report, all major loan categories, including mortgages, auto loans, credit cards, home equity lines of credit, and student loans saw increases.

The report also showed Americans appear to be having more difficulty dealing with debt.

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