Americans, In Debt

by SavvyRoo on Jul 11, 2015 | Views: 112 | Score: 0
Other DebtHome Equity Line of Credit DebtAuto Loan DebtCredit Card DebtStudent Loan DebtMortgage Debt
Average American Debt1101.441835.732202.882202.882937.1826434.58
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SavvyRoo on Jul 11, 2015 10:51 PM said:

Benjamin Franklin once said that it was better to go to bed without dinner than rise in debt. It seems that Americans have not taken his advice. On average, Americans hold over thirty-six thousand dollars in debt, the vast majority of which consisting of their mortgage. A report by the Federal Reserve placed the total debt held by Americans at 11.44 trillion dollars.