Household debt for those 65 and older is sky-rocketing -- up 164 percent on average in eight years, to $20,302 in 2000, according to SRI Consulting Business Intelligence. That compares with a 92 percent increase for those under 65.
Categories:
Debt,Age
Reporting Pub:
Asbury Park Press
Reporting Date:
5/12/2002
Article
Title:
Older Americans Are Piling On Debt
Article
Author:
Pub's Source:
SRI Consulting Business Intelligence
Source
URL:
--End--
Subscribe FREE and start
finding new ways to save
money and pay off your debt.
"The DebtSmart Email
Newsletter is packed with
cutting-edge strategies for
solving credit problems. I
highly recommend it."--Gerri
Detweiler, radio host and
author of The
Ultimate Credit Handbook