Getting into debt is easy and can happen in the blink of an eye. Common reasons for going into debt are paying for an unexpected expense, losing income or making poor spending choices.
If you’re carrying more debt than you’re comfortable with, you’re not alone. According to a Northwestern Mutual study, 35% of Americans are either carrying their highest level of debt or close to it. The average level of personal debt, not including mortgages, is $21,000.
While getting into debt is easy, getting out of debt can be challenging and even overwhelming. Debt consol…
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