71% of Americans say their financial situation is stagnating or getting worse, Achieve survey finds
PR Newswire•10/11/2026•07:50 ET
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Key Highlights
- ➤71% of consumers said finances stagnated or worsened over the past year
- ➤54% carry credit card balances for rising essential expenses
- ➤57% need six months or longer to repay short-term unsecured debts
- ➤38% struggle maintaining on-time debt payments, up from 34% last quarter
- ➤26% reported debt increased over the past three months, up from 22%
Expert Statements
Brad Stroh, Co-Founder and Co-CEO of Achieve
“The survey highlights the significant economic strain Americans were facing as they headed to the polls earlier this month. But the historic results of this election won't immediately resolve those underlying challenges, and many households are likely to continue to struggle heading into next year.”
71% of Americans say their financial situation is stagnating or getting worse, Achieve survey finds PR Newswire
Over half of consumers have a negative view of their finances, as households struggle to make ends meet without relying on debt
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