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 […]

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