A Snapshot of the African-American Financial Experience

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Paying Down Debt Is Top Priority

Decreasing debt remains the No. 1 priority for Blacks (60 percent, compared to 50 percent of general U.S. population), according to the study. African-Americans are significantly more likely to have some type of debt (94 percent) compared to other Americans (82 percent).

(Photo: Diedra Laird/Charlotte Observer/ MCT /LANDOV)