Becoming Debt Free Could Be Right Around The Corner
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* $15.85T
Total American Household Debt
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* $96,371
Total Debt of an Average American Consumer
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* $39,487
The Student Loan Debt of an Average U.S. Household
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* $5,221
The Average Credit Card Debt of a US Household With a Credit Card
*First Republic Bank
Struggling With Mounting Debt? You Are Not Alone
In the U.S. millions of people are finding it more difficult to meet their financial obligations and achieve financial independence. As mortgage interest rates rise, overdraft fees grow and credit card late fees continue to climb higher the amount of personal debt is soaring.
Lenders keep offering credit to people who are in desperate need of help, but this creates a cyclical problem and often ends up increasing the total debt owed. There are a number of opportunities available if you find yourself in this situation including but not limited to Debt Negotiation, Debt Settlement, Repayment Plans, and Debt Consolidation.