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Your Location: Home - Bad Credit Loan Bad Credit Loan Center Life After Debt – Strategies for Dealing with Problem Debt One in 54 households will declare bankruptcy. Debt is at an all-time high, particularly credit card debt. The total amount of consumer debt in the United States is nearly $1.4 trillion. If you are a typical American family, you have $25,000-$30,000 worth of credit card debt (excluding mortgages, car loans, and student loan payments), and you're paying $500 to $900 every month in endless minimum payments. |
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