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Consumers shift to personal loans as interest rates rise

Experian data shows that total US personal debt increased by almost 10% even as demand for personal loans steadied in 2023. ....

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While demand for personal loans cooled in 2023, the average personal loan balance grew 6.3%

Experian data shows that total US personal debt increased by almost 10% even as demand for personal loans steadied in 2023. ....

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