High-rate debt has become an increasingly common part of many people's financial lives over the last decade and the economic issues that have been looming recently, like sticky (but now cooling) ...

Margin debt now stands at a record of more than $1.1 trillion, up nearly 40% on an annual basis. In recent years, not only has margin debt surged, but the “cost of carrying” that debt has also risen.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...