Inflation has been high for some time, and prices on many goods and services have been rising. According to the Bureau of Labor Statistics, transportation costs are up almost 10%, housing costs more than 6% and food costs nearly 3%.
The result has been increased financial stress for the average American and, for many, an increased reliance on credit cards to cover everyday costs. In fact, Americans now have over $1 trillion in credit card debt, a significant increase from the $740 million seen less than three years ago.
Fortunately, for those feeling overwhelmed with debt, there are resources that can help. Most com…
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