Americans In Debt Interview with WBZ Radio Boston
CreditCards.com Senior Industry Analyst Matt Schulz spoke on Thursday, December 10, 2015 with Jeff Brown of WBZ Radio Boston about the December 2015 Americans In Debt survey. The interview and transcript are below.
Jeff Brown: More Americans these days have that sinking feeling that they will never be debt free. Creditcards.com’s new survey shows more than one in five say they’ll die with unpaid bills, and debts run the gambit from student loans to mortgage payments. Almost half of Americans say they will get out of debt just before they retire, but time and again, it’s millennials that are surprising. This is analyst Matt Schultz.
Matt Schultz: Only about 11% of millennials with debt claim they’ll never be debt free.
Brown: By the way, if you’re a Republican, you’re twice as likely as a Democrat to literally be buried in debt.