The mortgage debt load (in absolute terms) is also increasing. Non-mortgage debt tends to have higher rates.

![1000000248.jpg](https://m.stacker.news/19919)

[Source](https://www.fool.com/the-ascent/research/average-household-debt/)

i guess, but quite strange to see how much the debt load has shifted away from mortgages recently.

any good theories as to why?

I guess crédit cards bills, buy now pay later stuff etc? 

398ja

Business loans
HELOC
Credit of all kinds 

charts_and_numbers

Americans spent >$1.1tn on interest payments alone last quarter. 

tomlaies

interesting, what is the non-mortgage component made up of?