Money Mondays: The Debt Consolidation Trap

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  • You know those commercials you see that say they help you “get of debt the quick and easy way?” Debt consolidation companies can paint a very rosy picture for people who are struggling to get out of debt. And between credit cards, medical bills, and household expenses, that applies to a lot of Americans. We are addicted to credit. In fact, the average household with at least one credit card has nearly $16,000 in credit card debt.

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