Household debt increased in third quarter 2016 .
Delinquency rates are on the rise with an especially troubling trend in auto loans, the New York Federal Reserve said Wednesday.
Total debt balances nationwide rose 0.5 percent in the three months ended in September compared with the previous quarter, an increase of $63 billion, according to the New York Fed's quarterly household debt report.
That puts total debt nearly 11 percent above the recent low point of the 2013 second quarter. - DailyMail
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