The analysis looked at data from more than 300,000 LendingTree users across the top 101 metropolitan statistical areas in the US, and compared the median — or typical —non-mortgage debt from the second quarter of 2018 to the second quarter of 2019. After ranking by the highest percentage change, it found that debt rose in all but two of those metro areas.
That sounds pretty bad. But it could also be a sign that millennials are able to take more debt on as they earn more money, according to the report.saw the biggest increases in non-mortgage debt over the past year.Typical non-mortgage debt in 2019:
With the amount of money students are taking out with student loans, and the horrible way of handling paying these loans back, this should be no surprise at all.
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