"US Household Debt Reaches Record High in Top 10 Debt-Ridden Metros"
TL;DR Summary
Atlanta has the highest average consumer debt among the 50 largest U.S. metros at $45,891, followed by Dallas, Washington D.C., Austin, and Raleigh, according to a study by LendingTree. The study found that auto loan debt is the highest non-mortgage debt in 34 of the 50 largest U.S. metros. San Antonio residents had the highest average auto debts at $18,248. The five largest metros with the least amount of consumer debt were New York City, Minneapolis, San Francisco, Louisville, and Chicago.
- These 5 U.S. metros have the most debt, study finds The Hill
- Credit cards are not 'a piggy bank,' expert warns Yahoo Finance
- Credit card 'should be a last resort' as U.S. household debt hits record Q1 high: Financial advisor Yahoo Finance
- New study: Nashville ranked among 2023′s top 10 metros with the most debt in the US WSMV 4
- Average person in Nashville has $43K in debt WSMV 4 Nashville
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
82%
453 → 81 words
Want the full story? Read the original article
Read on The Hill