Consumer debt in America has long been a major problem, and COVID-19 has only made it worse. Before the pandemic, the average American had over $90,000 in debt, and we will have to wait and see what the reality is at the end of 2020. So, if you are struggling with debt, you are certainly not alone.
Unfortunately, just because debt is ubiquitous in the US does not mean much is being done to solve the problem. On the contrary, it has been left up to the consumer to manage their own debt, even as the crisis only deepens. COVID-19 stimulus payments will at best keep people afloat rather than alleviating debt at all.
The good news is that there are private products that can help you manage your debt. One of the most popular options is debt …
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