1 in 3 American adults have ‘debt in collections’

1 in 3 American adults have ‘debt in collections’

This is a pretty scary number.  This is why being a good steward of your finances is so important.

Debt in collections by state

Americans have a debt problem. An estimated 1 in 3 adults with a credit history — or 77 million people — are so far behind on some of their debt payments that their account has been put “in collections.” That’s a key finding from a new Urban Institute study.

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About the author

Jason administrator

Jason is the founder of Considering Stewardship he has a passion for helping people to steward all of their resources as gifts from God. Time, money, and Talent.

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