Following a brief pause during the COVID-19 pandemic when consumers reined in credit card spending, Americans are once again piling up the debt. Many are also looking for ways to manage that debt — especially in states like Nevada, Virginia and Delaware.
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Total household debt in the U.S. hit $11.71 trillion during the 2024 third quarter, according to a study from ConvertBankStatement, an online platform that lets users convert bank statements into various formats. That figure is up from $11.7 trillion a decade…