Average debt an American owes is $104,215

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  • The average debt in America is $104,215 across mortgages, auto loans, student loans, and credit cards.
  • Debt peaks between ages 40 and 49 among consumers with excellent credit scores.
  • The largest percentages of the average consumer debt balance are mortgages.
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The average debt an American owes is $104,215 across mortgage loans, home equity lines of credit, auto loans, credit card debt, student loan debt, and other debts like personal loans.

https://www.msn.com/en-us/money/personalfinance/average-american-debt-in-2024-household-debt-statistics/ar-BB1ngElL?ocid=msedgntp&pc=DCTS&cvid=deacb39068fb41c9bcbb091da32444fc&ei=43

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