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WIBC 9AM-Noon Podcast

Pet debt is rising

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 2 October 2025

⏱️ 1 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

So study finds they also did another study and they said one in five pet owners carry at least

0:06.7

$2,000 in pet related debt.

0:10.2

How much?

0:11.3

$2,000.

0:12.8

They allow you to rack up debt with your pet.

0:15.1

Like if you go to the vet.

0:16.3

Go to the vet.

0:17.0

Or are they saying you got to put it on your credit card and then you got to pay it up.

0:21.1

That's probably what they're saying.

0:22.5

24% of owners say they're being priced out of pet ownership.

0:26.7

The lifetime cost of a pet, $32,000 for a cat, $35,000 for a dog.

0:34.3

35 grand for the entire time you own.

0:37.2

Lifetime cost of a pet. of a of a dog that's probably

0:40.6

right yeah that's I mean yeah like food is expensive mm-hmm owning a large dog now average

0:48.0

$5,200 a year and an emergency vet visit she can cost you nearly $2,000.

0:57.4

So a lot of owners are saying they can't afford it anymore and the current pet that they have will be their last pet.

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