{"id":266434,"date":"2024-05-29T13:08:00","date_gmt":"2024-05-29T15:29:00","guid":{"rendered":"https:\/\/hispanicprwire.com\/english-more-debt-more-stress-credit-card-stress-hits-highest-level-in-three-years-adding-to-mental-health-challenges\/"},"modified":"2024-05-29T13:10:01","modified_gmt":"2024-05-29T17:10:01","slug":"mas-deuda-mas-estres-el-estres-de-las-tarjetas-de-credito-alcanza-su-nivel-mas-alto-en-tres-anos-lo-que-se-suma-a-los-desafios-de-salud-mental","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/mas-deuda-mas-estres-el-estres-de-las-tarjetas-de-credito-alcanza-su-nivel-mas-alto-en-tres-anos-lo-que-se-suma-a-los-desafios-de-salud-mental\/","title":{"rendered":"More Debt, More Stress: Credit Card Stress Hits Highest Level in Three Years Adding to Mental Health Challenges"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p class=\"prntac\"><b><i>Debt.com&#8217;s third annual mental health and money survey shows Americans are more stressed than ever.<\/i><\/b><\/p>\n<p><span class=\"xn-location\">FORT LAUDERDALE, Fla.<\/span>, <span class=\"xn-chron\">May 29, 2024<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; Over the past three years, a growing number of Americans are feeling stress after using their credit cards \u2013 it&#8217;s driving them deeper into debt and affecting their mental health.<\/p>\n<div id=\"prni_dvprnejpg3003left\" dir=\"ltr\" style=\"width: 100%; text-align: left;\"><img decoding=\"async\" id=\"prnejpg3003left\" title=\"Debt.com is the consumer website where people can find help with credit card debt, student loan debt, tax debt, credit repair, bankruptcy, and more. Debt.com works with vetted and certified providers that give the best advice and solutions for consumers \u2018when life happens.\u2019\" src=\"https:\/\/mma.prnewswire.com\/media\/1576979\/Debt_com_Logo.jpg\" alt=\"Debt.com is the consumer website where people can find help with credit card debt, student loan debt, tax debt, credit repair, bankruptcy, and more. Debt.com works with vetted and certified providers that give the best advice and solutions for consumers \u2018when life happens.\u2019\" align=\"middle\"\/><\/div>\n<p>To support Mental Health Awareness Month, Debt.com surveys Americans on <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4177918-1&amp;h=3510677899&amp;u=https%3A%2F%2Fwww.debt.com%2Fresearch%2Fmental-health-money-survey%2F&amp;a=mental+health+and+money\" target=\"_blank\" rel=\"nofollow\">mental health and money<\/a> each May. The results show where there&#8217;s more debt, there&#8217;s more stress.<\/p>\n<p>&#8220;It&#8217;s the dictionary definition of a vicious cycle,&#8221; says Debt.com chairman and CPA <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4177918-1&amp;h=2092464112&amp;u=https%3A%2F%2Fwww.debt.com%2Fauthor%2Fhdvorkin%2F&amp;a=Howard+Dvorkin\" target=\"_blank\" rel=\"nofollow\"><span class=\"xn-person\">Howard Dvorkin<\/span><\/a>. &#8220;You fall behind on your bills, so you distract yourself with dinner out or some shopping therapy. Of course, that adds to your debt, which adds to your stress, which depletes your mental health. And our research shows it&#8217;s getting worse every year.&#8221;<\/p>\n<p>In 2022, 1 in 5 survey respondents reported feeling stressed after using their credit cards. The 2024 survey reveals there has been a 17% increase over the past three years, raising that number to 4 in 10. Gen Z is most likely (47%) to feel stressed after using credit cards.<\/p>\n<p>Nearly half (47%) say they take on more debt when they are feeling stressed. Debt.com&#8217;s research shows a breakdown of those taking on more debt when they are feeling stressed:<\/p>\n<ul type=\"disc\">\n<li>67% of Gen X take on more debt when stressed<\/li>\n<li>40% of Millennials take on more debt when stressed<\/li>\n<li>37% of Gen Z take on more debt when stressed<\/li>\n<\/ul>\n<p>Over half (51%) feel stressed when reviewing their\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4177918-1&amp;h=1648285165&amp;u=https%3A%2F%2Fwww.debt.com%2Fcredit-card-debt%2Fstatistics%2F&amp;a=credit+card+bills\" target=\"_blank\" rel=\"nofollow\">credit card bills<\/a>, while:<\/p>\n<ul type=\"disc\">\n<li>10% feel hopeless<\/li>\n<li>8% feel sad<\/li>\n<li>4% experience a loss of sleep<\/li>\n<li>3% experience a loss of appetite<\/li>\n<li>3% experience lower self-esteem<\/li>\n<\/ul>\n<p>The research also shows that 26% say they argue with their significant other over credit card spending:<\/p>\n<ul type=\"disc\">\n<li>45% are Gen X<\/li>\n<li>16% are Millennials<\/li>\n<li>16% are Gen Z<\/li>\n<li>7% are Baby Boomers<\/li>\n<\/ul>\n<p>The convenience of\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4177918-1&amp;h=839330710&amp;u=https%3A%2F%2Fwww.debt.com%2Fcredit-card-debt%2F&amp;a=credit+cards\" target=\"_blank\" rel=\"nofollow\">credit cards<\/a> can negatively impact mental health, according to 76% of survey respondents. More than 1 in 4 have accrued at least <span class=\"xn-money\">$10,000<\/span> in credit card debt because they were feeling down or stressed out.<\/p>\n<p>Further, the research shows that the Middle Atlantic region of the country is feeling the most (31%) stress and mental strain from credit card debt.<\/p>\n<p>&#8220;The generational and regional data remind us of something important,&#8221; Dvorkin says. &#8220;Debt isn&#8217;t equally distributed in this country \u2013 but the stress is. So, it doesn&#8217;t matter if you&#8217;re a 25-year-old struggling with student loans or a 50-year-old who&#8217;s fallen behind on their credit cards. Those individuals might have nothing else in common \u2013 except for how terrible they&#8217;re feeling about their finances.&#8221;<\/p>\n<p>Debt.com<\/p>\n<p>About Debt.com: Debt.com is a consumer website where people can find help with credit card debt, student loan debt, tax debt, credit repair, bankruptcy, and more. Debt.com works with vetted and certified providers that give the best advice and solutions for consumers &#8220;when life happens.&#8221;<\/p>\n<p>Logo &#8211; <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4177918-1&amp;h=2113390124&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1576979%2FDebt_com_Logo.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1576979%2FDebt_com_Logo.jpg\" target=\"_blank\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/1576979\/Debt_com_Logo.jpg<\/a><\/p>\n<p>SOURCE  Debt.com<\/p>\n<\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p class=\"prntac\"><b><i>Debt.com&#8217;s third annual mental health and money survey shows Americans are more stressed than ever.<\/i><\/b><\/p>\n<p><span class=\"xn-location\">FORT LAUDERDALE, Fla.<\/span>, <span class=\"xn-chron\">May 29, 2024<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; Over the past three years, a growing number of Americans are feeling stress after using their credit cards \u2013 it&#8217;s driving them deeper into debt and affecting their mental health.<\/p>\n<div id=\"prni_dvprnejpg3003left\" dir=\"ltr\" style=\"width: 100%;text-align: left\">&lt;img id=&quot;prnejpg3003left&quot;&#8230;<\/p>\n","protected":false},"author":1,"featured_media":266435,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-266434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/266434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=266434"}],"version-history":[{"count":"1","href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/266434\/revisions"}],"predecessor-version":[{"id":266436,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/266434\/revisions\/266436"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/266435"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=266434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=266434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=266434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}