Tracking debt: Which generation owes the most? ...Middle East

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Tracking debt: Which generation owes the most?
source : The Hill ( Middle East ) () 27
(NewsNation) — Mortgages make up the bulk of household debt but a new analysis shows most Americans owe thousands of dollars beyond their home loans, with members of Gen X carrying the highest balances. Across the 100 largest metros in the U.S., the median non-mortgage debt is $24,668, according to online lending marketplace LendingTree. Gen Xers, between 44 and 59 years old, owed $33,859, the most across the four generations studied. Millennials weren't far behind, owing $30,558 across non-mortgage loans, including credit cards, auto loans, student loans, and personal loans. Credit card debt is soaring, especially in these cities Debt levels also vary widely by region

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