Americans remain stressed over debt
Debt is weighing on the minds of many Americans and making them stressed.
A poll conducted by the Associated Press and GfK found that 46 percent of respondents reported feeling a “great deal” or “quite a bit” of stress because of their debt.
Stress levels over debt remain the same as last year when the future looked more bleak, found the AP-GfK poll. The amount of debt households have is still higher than it was in the past.
“People on average carry around $44,000 in debt – mortgages, credit cards, auto loans and other consumer debt,” reports the AP. “That’s a far bigger load than in the early 1980s, when unemployment topped 10 percent. In 1982, per capita debt totaled about $14,000 in today’s dollars.”
Debt-related stress doesn’t hit everyone the same. Men, people over 60 and households with incomes in excess of $100,000 reported having low levels of stress, says the AP.
Chronic stress can have a negative impact on one’s health. MSNBC reports that increased blood pressure and heart rate problems can be symptoms of the condition.