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Latin Times
Latin Times
Business

Latinos Carry More Debt but More Hope: 61% Still Believe in the American Dream

More than seven in 10 Hispanic adults in the United States carry debt, but fewer than half say that debt leaves them feeling weighed down financially, according to a new survey that reveals a more complicated picture of Latino finances than the balances alone suggest.

The National Debt Relief survey found that 72% of Hispanic Americans carry some form of debt, compared with 68% of non-Hispanic Americans. Yet only 43% of Hispanic respondents said they feel weighed down by what they owe.

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