Americans slash debt by 24 percent, but generational gaps persist: Study

Americans slash debt by 24 percent, but generational gaps persist: Study

Americans have decreased their nonmortgage debt over the past year, but a new report from LendingTree shows major generational differences in how much debt people carry. Researchers analyzed more than 500,000 anonymized credit reports from residents of the 100 largest U.S. metro areas and found that median nonmortgage debt dropped 23.9 percent nationwide, from $24,668 last year to $18,762 this year. Generation X holds the highest median debt of …

Debt by generation: Here’s how much each age owes

Debt by generation: Here's how much each age owes

(NewsNation) — Americans have decreased their non-mortgage debt over the past year, but a new report from LendingTree shows major generational differences in how much debt people carry. Researchers analyzed more than 500,000 anonymized credit reports from residents of the 100 largest U.S. metro areas and found that median non-mortgage debt dropped 23.9% nationwide, from $24,668 last year to $18,762 this year. Generation X holds the highest media…

Americans slash debt by 24%, but generational gaps persist: Report

(NewsNation) — Americans have decreased their nonmortgage debt over the past year, but a new report from LendingTree shows major generational differences in how much debt people carry. Researchers analyzed more than 500,000 anonymized credit reports from residents of the 100 largest U.S. metro areas and found that median nonmortgage debt dropped 23.9% nationwide, from $24,668 last year to $18,762 this year. Generation X holds the highest median …

WARNING: The Consumer Debt Bubble Is About to Burst

Americans slash debt by 24%, but generational gaps persist: Report - Conservative Angle

(NewsNation) — Americans have decreased their nonmortgage debt over the past year, but a new report from LendingTree shows major generational differences in how much debt people carry. Researchers analyzed more than 500,000 anonymized credit reports from residents of the 100 largest U.S. metro areas and found that median nonmortgage debt dropped 23.9% nationwide, from $24,668 last year to $18,762 this year. Generation X holds the highest median …