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Discussion Forum : News and Current Events : 1 in 3 U.S. adults have 'debt in collections'

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 1 in 3 U.S. adults have 'debt in collections'

Americans have a debt problem.

An estimated 1 in 3 adults with a credit history -- or 77 million people -- are so far behind on some of their debt payments that their account has been put "in collections."

That's a key finding from a new Urban Institute study.

It examined non-mortgage debt, including credit card bills, car loans, medical bills, child support payments and even parking tickets.

The debt in collections ranged from as little as $25 to a whopping $125,000. But the average amount owed was $5,200.

from: http://money.cnn.com/2014/07/29/pf/debt-collections/index.html?iid=HP_LN&hpt=hp_t2


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SI Moderator - Greg Gordon

 2014/7/29 10:58Profile





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