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25% Of Millennials Say Their Debt Is From Credit Cards

Video Credit: Wochit News - Duration: 00:32s - Published
25% Of Millennials Say Their Debt Is From Credit Cards

25% Of Millennials Say Their Debt Is From Credit Cards

Millennials who carry debt report owing an average of $27,900 in personal debt.

Forty percent of millennials say their biggest source of debt is either credit cards or their mortgage.

That statistic comes from a new Northwestern Mutual survey.

About 22% don't know the interest rate they're being charged.

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