Debt Leading Cause of Financial Stress Among Californians

FRESNO, Calif. (KMJ) — California is the state with the most debt per capita.

The latest data from the fed shows the figure is now above $67,000.

According to a new GOBankingRates survey, debt is the leading cause of financial stress among Californians.

The majority of that balance is from mortgages, followed by student and auto loans.

The second-largest cause of financial stress for Californians, is not being able to retire.

Aaron Abeytia anchors afternoon newscasts on News/Talk 580 & 105.9 KMJ. Read More…