Get it together, Southerners.
Those stupid commercials deriding cash in favor of plastic don’t help the low information crowds.
I was in this predicament 5 years ago. I went to a debt settlement company and they helped me get through it, negotiate settlements, etc. I am now completely free of credit card debt, car is paid for, etc. Still have student loan but I can handle that.
Just following the road politicians use. Deeper in debt and loving it.
You ain't seen anything yet, just wait until most default. And if it happen when Washington defaults we will see the birth of several nations.
The whole federal budget is built on debt.
The United States is like that family in 2007 with a McMansion with negative equity, maxxed out HELOCS and credit cards, and two leased luxury SUVs.
The appearance of prosperity soon to be the reality of bankruptcy
Hence my prediction that political charlatans who promise debt relief, debt forgiveness, and public floggings of bankers are going to start doing very well in elections.
It would be interesting to see delinquent debt broken down by race.
Of the 12 worst states and Washington D.C., all of them, except West Virginia, are more than 40% Black and Hispanic.
The three best states, Minnesota and North and South Dakota, are all at least 82% white.