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Americans debt hits a new record high. Here are tips to pay it off.

Name: Americans debt hits a new record high. Here are tips to pay it off.
Uploaded: 2025-11-06T08:00:00-0500
Duration: 3 min 4 s
Description: A new Federal Reserve report shows total household debt is more than $18 trillion, which is equivalent to nearly half the size of the U.S. economy. CBS News business analyst Jill Schlesinger has tips to help you cut down on your debt.

A new Federal Reserve report shows total household debt is more than $18 trillion, which is equivalent to nearly half the size of the U.S. economy. CBS News business analyst Jill Schlesinger has tips to help you cut down on your debt.