Monday, February 23, 2015
Survey Finds Many Americans ‘on the Edge of Financial Disaster
(ABCNews) As the economy improves, more Americans are borrowing money to pay for purchases.
Thirty-seven percent have credit card debt that equals or is greater than their emergency savings, says a survey released today by Bankrate.com.
“These numbers mean that three out of every eight Americans are teetering on the edge of financial disaster,” says Bankrate’s Greg McBride.
Read full article here.
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