Members of Generation X have the highest average credit card debt at $7,155, followed by baby boomers and millennials, according to credit bureau Experian’s latest consumer findings.
Average Credit Card Debt By Age →Any debt that lowers your financial worth is referred to as a liability, whereas owning an asset would raise it.
Learn more about specific liability types and examples →← Curating the web to find the most interesting and helpful information about your money.