20% of fathers willing to help adult kids with $20,000 or more

A new survey from CreditCards.com shows that 20% of fathers would help their children to pay off $20,000 or more in debt, even without expecting to be repaid. Just 12% of mothers said they would make the same decision.

In both cases, parents were willing to help pay off credit cards, a mortgage, or student loans, and were much less likely to help pay off gambling debts.

You can read an article about the survey here.