Tag: Credit Card Debt
If you’re paying down your debt, then you know it is a challenging task. It may become tempting to look for ways to cut corners, however these options may cost you more time and money. Mistakes during debt payoff occur often and can sabotage the efforts you’ve made to improve your financial life.
You probably know personal debt is a serious problem for many people in the United States. But have you ever wondered how so many people get into debt to begin with?
The average American holds a credit card balance of $6,375. Debt can lead you to disastrous consequences and it can consume your assets. While it may seem like debt piled up overnight, it’s usually the result of small decisions made over time. Although there are many effective debt elimination programs like debt consolidation, it is important to be aware of the causes that lead to financial hardship.
New Era Debt Solutions highlights the top 5 reasons debt happens:
Healthcare expenses are pretty much unavoidable, which is a big reason why so many people worry about paying them.
Recent data from the Centers for Medicare & Medicaid Services and CIA World FactBook says that Americans spent $3.65 trillion on healthcare in 2018. And Health Affairs reports that prices for healthcare goods and services are projected to grow 2.5 percent per year on average.
You may ask yourself how you will ever get out of debt, when something as essential as healthcare is so expensive. New Era Debt Solutions offers these strategies for making healthcare more affordable for yourself and your family:
If you’ve ever witnessed someone else’s success story – be it a weight loss journey, a job promotion, or a home renovation project – it can be hard to believe that you too are just as capable of achieving the same kind of victories.
When it comes to debt relief, it might be even more difficult to think that financial freedom is possible. Perhaps the sheer amount of debt you’ve accumulated over the past few years makes it hard for you to imagine that there is a light at the end of the tunnel.
At New Era Debt Solutions, we believe in delivering the results we promise from the start so that you can enjoy your own success story.
