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A growing number of Americans are struggling with debt and it could be quickly turning into a public health crisis, according to a recent survey by financial services company Achieve and finance website Money.com.
About 34% of Americans are unable to meet their monthly debt payments, according to the survey. Meanwhile, 28% said their unsecured debt is unmanageable.
“The latest survey data from Achieve shows that for many American families, debt and money insecurity have become mental and physical health issues,” Achieve Co-CEO Brad Stoh said in a statement.
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