From credit cards to student loans, more Americans are facing the financial realities of being in debt. We want to hear your stories for our ongoing coverage.
By Julia Carpenter Nov. 5, 2019 6:22 am ET More Americans are facing the financial realities of being in debt, whether it is a car loan, credit cards, student loans or more. Consumer debt, not counting mortgages, has climbed to $4 trillion.
The Journal’s ongoing series on debt in America examines how families are taking on more debt to maintain a middle class lifestyle. Stagnant wages, paired with rising cost, mean many people are turning to loans or credit for once-affordable purchases such as a car or a sweater. A record number of Americans making six figures now rent, instead of own, their homes.
Behind the trillions of dollars of consumer debt are our own personal stories of debt. Some may feel optimistic about paying it off, while for others it may color every financial decision they make. We want to know more about how Americans experience different kinds of debt. Using the form below, please tell us: What’s your experience of debt? How did you arrive at this number, and how do you feel about it?/* sc-component-id: sc-bdVaJa */.dJIVuV{margin-bottom:20px;}/* sc-component-id: sc-bwzfXH */.bXjTrv{margin-bottom:20px;} .bXjTrv input{opacity:0;position:absolute;} .bXjTrv input:checked + span:after{opacity:1;border-color:#0080c3;} .bXjTrv input:focus + span:before{background:#fff;border:1px solid #0080c3;outline:none;} .
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion | Ankle monitors hold captives in jails of debt, pain and bugged conversationsOpinion | Albert Fox Cahn: Ankle monitors hold captives in jails of debt, pain and bugged conversations. - NBCNewsTHINK
Read more »
Fracking pioneer Chesapeake Energy is drowning in debtChesapeake Energy helped pioneer America's shale natural gas revolution. Now, the company is warning that it may not survive the era of cheap gas it helped to usher in.
Read more »
Bankrupt Puerto Rico eyes new debt policy, will pay holiday bonusPuerto Rico would place restrictions on its future debt sales under proposed leg...
Read more »
Consolidating debt can boost your credit score—here's how to do itWith interest rates hitting new lows, now may be a good time to consider consolidating expensive credit card debt. Experts weigh in on the pros and cons of consolidating using a personal loan and balance transfer credit cards.
Read more »
I went from $100,000 of debt to building my wealth by asking myself a simple questionBefore she changed her money mindset, she believed she should be able to spend her money on whatever she wanted because she worked hard at her job.
Read more »
Billie Eilish's New Mullet Was a Hilarious AccidentBillie Eilish shared the story behind her headline-making new haircut.
Read more »