A snapshot of American debt shows a troubling picture. Hard not to be worried when confronted with numbers such as these:
* About 43% of American families spend more than they earn each year.
* Average households carry some $8,000 in credit card debt.
* Personal bankruptcies have doubled in the past decade.
It's not clear exactly where the debt trend will take U.S. consumers or the U.S. economy. But it is clear that both are sailing in uncharted waters.
However, it's always about
you.
If you are living from paycheck-to-paycheck or stressed out about the rising cost of everything,
debt consolidation can make the difference.
Reduce or
eliminate debt completely with
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