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Consumer debt is on the rise, with mortgage balances, student loans, auto loans and credit card balances up across the board.
But “Shark Tank” investor Kevin O’Leary is coming in hot with concrete advice to stifle debt growth, dishing out tips on how to pay down your loans efficiently and build a financial nest egg.
The Bad News
American debt is at an all-time high. The Federal Reserve Bank of New York released its Q2 2025 debt report, showing total household debt at a record $18.39 trillion, up from Q1’s previous high of $18.2 trillion.
In all…

