In Today’s Economy, Average American is ‘Drowning’ in More Than $225,000 of Debt
LOS ANGELES, Sept. 12, 2013 /PRNewswire/ — On average, Americans have more than $225,000 in debt and less than $500 in emergency savings, according to a new GoBankingRates.com investigation. GoBankingRates.com examined the average American — coined ‘Mary Smith’ — in terms of earnings, savings, and credit card, student loan, auto loan, and mortgage debt. “While every individual is unique, Mary Smith is our ‘prototype’ of [...]








