A Snapshot of the African-American Financial Experience

of 133Photo
  • saving money
  • debt
  • debt
  • saving money
  • saving money
  • Economy
  • unemployment
  • religion
  • Economy
  • Economy
  • saving money, economy
  • Economy
  • Financial Planning

Common Debt Woes for African-Americans

Credit Card: 60 percent (compared to 45 percent for general U.S. population)
Mortgage: 46 percent (compared to 49 percent)
Car Loan: 41 percent (compared to 35 percent)
Student Loans: 25 percent (compared to 13 percent)
Medical Debt: 21 percent (compared to 15 percent)

(Photo: REUTERS/Stelios Varias)