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Credit card debt can mean paying thousands annually in interest alone. New Africa/Shutterstock
Americans in 100 of the largest metros now have a median non-mortgage debt of $18,762 across four generations—baby boomers, Gen X, millennials, and Gen Z—which is down 23.9 percent compared to $24,668 last year, financial services company LendingTree said in a June 24 report.
Non-mortgage debt includes personal loans, auto loans, credit cards, student loans, and other debt.
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