SAN JOSE, Calif., June 23, 2020 /PRNewswire/ –Of late, it seems that several debt consolidation advertisements surface just about every time I log on promising substantial savings if I consolidate all my debt onto a single loan. With the amount of debt in America staggeringly high, it’s not surprising that many people may consider this an enticing option to address their debt situation.
For more loan and credit education, visit myFICO’s blog at https://www.myfico.com/credit-education/blog
According to Debt.org, Americans owe over $1 trillion in both student loans and credit card debt. On average, each household with a credit card carries $8,400 in credit card debt, and about 37% carry balances on their cards, paying interest charges …
Read the full article at: https://www.prnewswire.com/news-releases/is-debt-consolidation-right-for-me-301081261.html
