Average debt an American owes is $104,215

by
  • 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.

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

 

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.