AARP Bulletin Survey on Consumer Debt and Loans

AARP Bulletin Survey on Consumer Debt and Loans: Executive Summary, July 2009

  • AARP commissioned a nationwide survey looking at the amount and type of debt or loans that consumers carry. The survey examined whether adults had credit card debt, loans and other forms of outstanding financial obligations. It also asked respondents whether or not they had taken actions to reduce their debt or loan balances. This executive summary notes that those age 18-49 and those age 50+ do not differ in regard to their levels of debt and their ability to take action to reduce these financial obligations, although more older respondents have retired their student loans than younger respondents.”
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