Austin, Texas—A rising number of Texans are feeling the weight of mounting debt, with some households juggling anywhere from $30,000 to $300,000 in credit card balances and personal loans. Small business owners are facing their own challenges, too — many carrying up to $1 million in debt as they work to stay afloat. Affordable Debt Consolidation is stepping in to offer clarity and solutions for those overwhelmed by high-interest obligations.
Haddie Djemal of Affordable Debt Consolidation joined We Are Austin to break down why so many people across the state are struggling. She points to a combination of inflation, rising interest rates, and increased reliance on credit as key drivers behind the surge in personal debt. For many,…