All Hokie, All the Time. Period.

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Joined: 1/1/99 Posts: 78942
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People over 50 are carrying much more debt

"The average 65-year-old borrower has 47% more mortgage debt and 29% more auto debt than 65-year-olds had in 2003, after adjusting for inflation, according to data from the Federal Reserve Bank of New York released Friday."

Is this the harbinger of doom?


Posted: 02/14/2016 at 11:35AM


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Current Thread:
People over 50 are carrying much more debt -- MEHOKIE 02/14/2016 11:35AM
  Incomplete analysis without the asset side of the picture ** -- MrBayAreaHokie 02/14/2016 1:46PM
  Link changed it wasn't pay earlier. -- MEHOKIE 02/14/2016 12:51PM

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