The average debt in America is over $105,000 across mortgages, auto loans, student loans, and credit cards. Debt peaks between ages 40 and 49 among consumers with excellent credit scores.

May is Mental Health Awareness Month, and we’re marking it with special reports, including how debt can take a serious toll ...

American households carry a total of $18.203 trillion of debt and average $105,056 per household. Total debt is at an all-time high as of the fourth quarter of 2024, according to the Federal Reserve.

But that's far from the only conventional financial wisdom that no longer applies to most people. The 50-30-20 rule, popularized by Senator Elizabeth Warren, which has long been the go-to budgeting ...

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A recent report revealed that 60% of Americans are unwilling to incur additional debt to purchase American-made products.

Are you in more credit card debt than everyone else? - Credit card balances have ballooned to record highs in recent months ...

Mortgages make up the highest percentage of household debt nationwide, with the average American owing $252,505. Millennials have the highest average mortgage debt at $312,014, with Gen X close ...

Americans tidied up their household balance sheets to start 2025, cleaning up some credit card and auto loan debt, new data showed Tuesday.

Ultimately, interest rate caps would cost Americans access to a convenient and reliable source of credit. Instead of saving ...

“Credit card balances and interest rates remain near record highs, and Americans’ total consumer debt load is a record ... had scores above 620 and saw average negative score changes north ...