That being said, let's take a look at the average amount of non-mortgage debt by age group in America. There is an average total of $69 billion in debt amongst ages 18-29, at $12,871 per individual.

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The old adage "Retire without debt" may be going the way of the electric typewriter. Nearly every retirement-age American has debt.

The lowest average credit card debt by age was Generation Z with $3,148. Since young adults have lower incomes on average, they also have a lower average credit limit, which at least helps with ...

While most Americans know about the national debt, their level of understanding is remedial at best. Understanding there is a ...

A new analysis from the personal finance site LendingTree finds that 97% of retirement-age adults have non-mortgage debt. The average balance: $11,349. Credit card debt is the most common type ...

And the interest rates on certain credit cards may be higher than average. When higher credit card debt levels meet higher interest rates, it can place a heavy financial strain on many consumer ...