Mortgages make up the highest percentage of household debt nationwide, with the average American owing $252,505. Millennials ...

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.

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

That means the average American spends about 11% of their monthly income on debt payments. Despite debt increasing overall, Americans are still spending less of their income on debt than in ...

Learn what the average member of your generation owes in mortgage debt, and discover strategies for paying down your home ...

Investopedia calculated exactly how much emergency savings the average household should have in 2025. It's a large number.

Americans in higher income brackets carry higher credit card balances on average. However, it's the middle class and the upper-middle class that are more likely to have credit card debt.

“Credit card balanc es 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 ...