Atlanta, Georgia -
Americans have a delinquent debt problem.
That's according to a study by Urban Institute.
Debt in collections involves a non-mortgage bill, such as a credit card balance, medical or utility bill that is more than 180 days past due.
The study found the debt in collections ranged from as little as $25 to $125,000.
Also according to the study, nearly 12 million adults have non-mortgage debt reported past due, and they need to pay about $2,200 on average to become current on that debt.
Furthermore, 77 million americans have debt in collections reported in their credit files. With an average debt amount of nearly $5,200.
The study is based on records from credit reporting agency Transunion.
Democratic Rep. Debbie Wasserman Schultz said Saturday that the best…
The EPA removed most climate change information from its website…
Democratic Sen. Chris Coons slammed President Donald Trump's tweet…