10/16/2019 | Press release | Distributed by Public on 10/16/2019 13:19
CHARLOTTE, N.C., Oct. 16, 2019 /PRNewswire/ -- While nearly two-thirds of Americans have donated to charity over the last year, 71% say that debt keeps them from giving more, according to a new LendingTree survey. It's a sentiment that makes sense given that the average debt-carrying household in 2018 owed roughly $144,100.
For the full detailed list and methodology, please visit: https://www.lendingtree.com/debt-consolidation/study-debt-donating-charity/
LendingTree commissioned Qualtrics to conduct an online survey of 1,079 Americans, with the sample base proportioned to represent the general population. The survey was fielded September 11-13, 2019.
For the purposes of this survey, we defined generations as follows:
Members of the Silent Generation (ages 74 and older) were also surveyed, and their responses are included within the total percentages among all respondents. However, their responses are excluded from the charts and age breakdowns due to the smaller population size among our survey sample.
LendingTree (NASDAQ: TREE) is the nation's leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree empowers consumers to shop for financial services the same way they would shop for airline tickets or hotel stays, comparing multiple offers from a nationwide network of over 500 partners in one simple search, and can choose the option that best fits their financial needs. Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student loans, insurance, credit cards and more. Through the My LendingTree platform, consumers receive free credit scores, credit monitoring and recommendations to improve credit health. My LendingTree proactively compares consumers' credit accounts against offers on our network, and notifies consumers when there is an opportunity to save money. In short, LendingTree's purpose is to help simplify financial decisions for life's meaningful moments through choice, education and support. LendingTree, LLC is a subsidiary of LendingTree, Inc. For more information, go to www.lendingtree.com, dial 800-555-TREE, like our Facebook page and/or follow us on Twitter @LendingTree.
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