Survey: 59% Worried About How to Pay Off Debt

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More than half of respondents said they worry about how they are going to pay off their debt, according to a CreditDonkey.com survey.

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Over 7 in 10 have debt, says a new survey of more than 1,100 Americans by credit comparison website CreditDonkey.com. Out of which, 59% said they are worried about how they are going to pay off their debt.

Survey results: http://www.creditdonkey.com/americans-in-debt.html

Highlights:

  •     68% said their debt amount is similar to their peers.
  •     65% believe they can and will get out of debt in their lifetime.
  •     64% have an actionable plan for getting out of debt. Of those respondents, 79% plan to use a budget, 52% plan to get an additional job, and 31% plan to negotiate with creditors.

To read the full survey findings, visit http://www.creditdonkey.com/americans-in-debt.html
CreditDonkey.com polled 1,105 Americans on their savings and debt between September 17 and September 25, 2012.

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Charles Tran
CreditDonkey
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