A new survey has found that the average American has over $54,000 worth of debt – debt that many would do anything to get rid of.
This is according to the survey conducted by market research company OnePoll on behalf of debt resolution firm Beyond Finance. The survey found that the average poll taker had about $54,767 worth of debt, with more than half – 56 percent – saying they owe more due to the need to pay for necessities, rather than due to unnecessary purchases. (Related: Inflation remains a problem for middle- and lower-income Americans as Biden’s Federal Reserve keeps raising interest rates .) This massive debt is preventing these Americans from making significant life changes. Thirty-three percent said it is preventing them from buying or putting down a mortgage for a home. Thirty percent said it is preventing them from buying a car. Twenty-four percent said it is […]
Excerpt Sourced From: americafirstreport.com
