Alert
Close

Watch the NASCAR race on Sunday at Martinsville Speedway. Join the Drive to End Hunger!

Highlights

Open

You and Your Town Contest-You could win an AARP RealPad

AARP Auto Buying Program

Contests and
Sweeps

$10,000 Winter Escapes Sweepstakes

Beat the cold and cozy up to a chance of winning $10,000! See official rules.

Driver Safety

Piggy bank on the road - AARP Driver Safety

Take the new AARP Smart Driver Course!

AARP Books

Visit the Money Section

Enjoy titles on retirement, Social Security, and becoming debt-free.

Jobs You Might Like

most popular
articles

Viewed

Bulletin Poll: Personal Debt

Do you currently have any of the following types of loans or obligations? (yes responses)

 

Total

18-49

50+

A credit card balance that is

not paid in full every month

30%

31%

29%

A mortgage payment

38%

40%

36%

A student loan

16%

25%

5%

A loan that you can pay on a vehicle

(for example, a car note)

33%

36%

29%

Cash that you owe other people

14%

17%

11%

Compared to your monthly income, would you say what you owe in total each month on your debt is: (asked of total who have any specified loans or obligations)

 

Total

18-49

50+

More than monthly income

17%

19%

14%

About 75% of your monthly income

25%

24%

26%

About half of your monthly income

23%

25%

18%

Less than half of your monthly income

33%

29%

38%

Have you ever considered filing bankruptcy owing to debts?

 

Total

18-49

50+

I’ve considered bankruptcy

6%

6%

5%

I’ve filed for bankruptcy before

4%

4%

5%

I’ve neither considered nor filed for bankruptcy before

89%

89%

89%

Which of the following things have you done in the last 6 months to reduce your debt?

 

Total

18-49

50+

I haven’t tried to reduce my debt over the last 6 months

53%

53%

53%

Over the last 6 months, to reduce your debt have you … (asked of those who have tried to reduce debt)

 

Total

18-49

50+

Put purchases on a debit card, or paid cash, rather than use your credit card

70%

72%

69%

Paid more than the minimum balance on your

credit card each month

55%

54%

56%

Cut down on expenses such as eating out, consumer goods purchases and vacations

70%

69%

71%

Negotiated better terms with lenders or people you owe money to

21%

21%

21%


Survey of 1,005 adults age 18 and older conducted by ICR between May 28 and May 31, 2009.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

The Cheap Life

Jeff Yeager Cheap Life Ultimate Cheapskate AARP YouTube web series save money

Catch the latest episode of The Cheap Life starring Jeff Yeager, AARP's Ultimate Cheapskate. Watch

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Life insurance: you are covered rain or shine

Exclusive annuities for members from AARP Lifetime Income Program from New York Life.

AARP Credit card from Chase

Members can get cash back rewards on purchases with the AARP® Credit Card from Chase.

Homeowners Insurance
Member Benefits

Join or renew today! AARP members receive exclusive member benefits & affect social change.

Rewards for Good

Your Points Balance:

Learn More

Earn points for completing free online activities designed to enrich your life.

Find more ways to earn points

Redeem your points to save on merchandise, travel, and more.

Find more ways to redeem points