Nonprofit Credit Counselor Sees Rising Needs From Debt-Burdened Americans


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MMI financial educator Thomas Nitzsche said they saw "a really significant jump" in new clients last year.

Gen X and baby boomers carried the highest unsecured debt, averaging about $36,000 and $32,000, respectively.

In 2024, 47% of millennial clients reported facing financial hardships due to excessive credit card use, higher than older generations.

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Nonprofit Credit Counselor Sees Rising Needs From Debt-Burdened Americans

MMI financial educator Thomas Nitzsche said they saw "a really significant jump" in new clients last year.Gen X and baby boomers carried the highest unsecured debt, averaging about $36,000 and...more

Nonprofit Credit Counselor Sees Rising Needs From Debt-Burdened Americans

MMI financial educator Thomas Nitzsche said they saw "a really significant jump" in new clients last year.Gen X and baby boomers carried the highest unsecured debt, averaging about $36,000 and...more

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