Credit card debt continues to be the biggest hurdle for Americans, with 48 percent responding they struggled the most keeping up with monthly payments.
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A new report from WalletHub finds that 55 percent of Americans believe they’ll be stuck in debt for the rest of their lives. Nearly half—47 percent—say mounting debt is affecting their health, and 44 percent expect their household debt to increase over the next 12 months.
The online survey questioned 200 people of both genders with various ages and incomes across the nation.
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.
