Americans spent more than $1.1 trillion on interest payments alone last quarter ...Middle East

You borrow money, you pay it back. If you can’t pay it back right away, you might pay some money on top of that. Well, Americans are paying a lot of money on top right now: Data from the U.S. Bureau of Economic Analysis (BEA) suggests that consumers spent a record $1.1 trillion on interest payments last quarter.Read more...

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