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Story summary
- Federal Reserve (Fed) reports U.S. families are falling behind on bills at a rate not seen since the Great Recession.
- One in five households reported being behind on a loan payment in the 2025 survey.
- The share of families behind on loan payments rose from about 12% in 2022 to nearly 20% in 2025.
- Median household debt increased from $170,200 in 2022 to $183,600 in 2025.