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How Much Debt Americans Racked Up Last Year [Yahoo! Finance]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Yahoo! Finance
Part of this was due to high inflation and interest rates , as wages for many Americans could not keep up with rising costs. But financial literacy also likely played a role. According to financial personality Suze Orman, “probably 95%” of Americans are financially illiterate, something that can contribute to overspending, living beyond one's means and rising credit debt levels. Find Out: This Is the One Type of Debt That ‘Terrifies' Dave Ramsey Read More: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy To help assess the state of finances in America, GOBankingRates conducted a survey of 1,008 Americans regarding a variety of financial subjects, including debt levels. Here's a look at how much debt respondents accumulated over the past year, along with some tips on how to manage debt better and find the means to pay it off Sponsored: Credit card debt keeping you up at night? Find out if you can reduce your debt with these 3 steps How Much Debt Show less Read more
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