CNBC: Consumer debt totals $15.6 trillion after a record-breaking increase in 2021. >"Total debt at the end of the year came to $15.6 trillion, an increase of $333 billion in the fourth quarter and just over $1 trillion for the year."

Consumers ended 2021 with record levels of debt, leading into a year in which interest rates are expected to rise substantially.

>"Total debt at the end of the year came to $15.6 trillion, an increase of $333 billion in the fourth quarter and just over $1 trillion for the year."

>"Total debt at the end of the year came to $15.6 trillion, an increase of $333 billion in the fourth quarter and just over $1 trillion for the year."