Achieve, a digital personal finance company, surveyed 2,000 Americans about their debts.
The answers paint a grim picture of people who are anxious and overwhelmed by debts that often seem to keep growing. The survey found:
- 50% of respondents feel anxious about their debt
- 49% have trouble sleeping because of their debt
- 43% feel hopeless about their financial situation
The report also found that 39% of Americans feel embarrassed about carrying debt — even though roughly two-thirds of their fellow Americans are in the same position.
In partnership with Achieve, Business Insider is shining a light on the subject of debt. We'll be getting expert answers to burning questions, walking you through your options to finally get ahead, and sharing stories of people who have struggled with debt — and found their way out of it.
Americans in debt might be overwhelmed, but they certainly aren't alone.
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