Financial Services » Banking » Personal Debt | Share of U.S. families with debt by debt type 2016

Share of families with debt in the United States 2016, by type of debt

Share of families with debt in the United States in 2016, by type of debt

The data describes the share of families with debt in the U.S. in 2016, by type of debt. It was found that 47.2% of the families financed their needs through installment loans in 2016.

Installment loans 67.4
Debt secured by primary residence 44.4
Credit card balances 43.9
Lines of credit not secured by
residential property		 1.8
Other residential debt 5.6
Other 5.4

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