Debt has become a part of the American experience. In between credit card balances carried over from month to month; monthly payments on vehicle loans for 5 years or more; student debts and mortgage that seems like life sentences, the average American is swimming in debts.
Credit card debt can be spirit-crushing, bone-crushing and life-crushing. It’s truly one of those things that can spiral out of control really quickly, like a frat party gone bad. In 2016, the total credit card debt for an average U.S. household was $16,748, according to the Federal Reserve and 2016 American Household Credit Card Debt […]