These are the most debt-ridden cities in the US, according to study

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The average non-mortgage debt across the 50 largest U.S. metros is $39,713, which includes auto loans, student loans and credit cards, a LendingTree study found.

FILE - Street scene of retail stores on Santana Row in the Silicon Valley, San Jose, California, December 14, 2019.

He added that Sacramento and Minneapolis also have slightly higher-than-average incomes, which "makes a huge difference."The LendingTree study identified auto debt as being the largest form of non-mortgage debt in 34 out of the top 50 U.S. metros. Prices increased 0.4% from March to April, the government said earlier this month, up sharply from a 0.1% rise from February to March. Compared with a year earlier, prices rose 4.9%, down slightly from March’s year-over-year increase. It was the smallest annual gain in two years.

Jasmine Taylor of Amarillo, Texas, saved money by using the "cash stuffing" method — allowing her to pay off debt in just two years. She joined "FOX & Friends" to share tips on how she did it.after revealing that she paid off $70,000 in debt in just two years by using a unique method of saving and spending.

 

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