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A third of Americans delinquent on debt

More than a third of the country is in trouble when it comes to paying debts on time; 35% of Americans have debt in collections, according to a study out Tuesday from the Urban Institute, which analyzed the credit files of 7 million Americans.

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http://www.usatoday.com/story/money/personalfinance/2014/07/29/america-debt-loads/13152651/