A new survey from Bankrate.com finds that 28 percent of Americans say they owe more in credit card debt than they have in their emergency funds or savings accounts. That's up from 24 percent last year, although the survey has a 3.5 percent margin of error. About 51 percent said they have more in their emergency savings funds than they owe in credit card debt, the lowest percentage since Bankrate.com started tracking this data in 2011.
Bankrate.com found that Americans in their prime earning years -- ages 30 to 64 -- were most likely to have more credit card debt than emergency savings. Greg McBride, Bankrate.com's chief financial analyst, said it is a reflection of the fact many Americans are still hampered by issues such as stagnant incomes and long-term unemployment.