The Motley Fool notes that combined credit card debt owed by all Americans exceeded $1 trillion in 2018, and both student loan debt balances and auto loan balances topped a trillion, too. And there’s also personal loans, medical debt, payday loans, and other forms of debt to consider.
Unfortunately, spending your life in debt can compromise other financial goals, and if you don’t manage debt responsibly, it can ruin your credit.
The good news is, there are ways to take control of debt, build good credit, and repay costly debts to keep more money in your pocket.
Read the article for 14 great steps to get your debt under control for good.
For more information on the issues surrounding medical debt, please contact RIP Medical Debt.