28% Owe More Money Than They Did Last Year, 30% Owe Less
Slightly more Americans say they owe more money now than they did a year ago, although most say they are paying about the same amount in interest rates.
A new Rasmussen Reports national telephone survey finds that 28% of American Adults owe more money than they did a year ago. That’s up from 23% in January and the highest level measured since last August. But 30% say they owe less money than they did last year at this time, the lowest finding since July 2012. Forty percent (40%) say their level of debt is about the same. (To see survey question wording, click here.)
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The survey of 1,000 American Adults was conducted on February 13-14, 2014 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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