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National Consumer Debt In many ways, America is a nation weighed down by its citizens' (and government's) debt. National consumer debt reflects many different factors including consumer credit debt, which accounts for 40 percent of the national figure. National consumer debt has reached an all-time high of over $1 trillion. Credit card debt accounts for approximately 400 billion dollars of that figure. You can help reduce our national debt by becoming debt free, learning the skills necessary to manage your own finances, and handling spending responsibly. |