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1120: Americans Are Throwing in the Towel on Credit Card Debt - Episode 1120

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Manage episode 460189097 series 1058770
Content provided by Investing in Real Estate with Clayton Morris | Investing for Beginners and Clayton Morris. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Investing in Real Estate with Clayton Morris | Investing for Beginners and Clayton Morris or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Americans’ credit scores have fallen for the first time in a decade. As always, the mainstream media is putting a positive spin on this – saying the economy is strong, or that these trends aren’t severe enough to signal financial distress. The truth is, this credit situation is destroying Americans' financial well-being.
On today's show, you're going to hear the latest statistics on credit scores and mounting consumer debt. We're going to talk about the sharp divide between savings and credit card debt, why high inflation and high interest rates are a deadly combo, and much more.
  continue reading

1156 episodes

Artwork
iconShare
 
Manage episode 460189097 series 1058770
Content provided by Investing in Real Estate with Clayton Morris | Investing for Beginners and Clayton Morris. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Investing in Real Estate with Clayton Morris | Investing for Beginners and Clayton Morris or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Americans’ credit scores have fallen for the first time in a decade. As always, the mainstream media is putting a positive spin on this – saying the economy is strong, or that these trends aren’t severe enough to signal financial distress. The truth is, this credit situation is destroying Americans' financial well-being.
On today's show, you're going to hear the latest statistics on credit scores and mounting consumer debt. We're going to talk about the sharp divide between savings and credit card debt, why high inflation and high interest rates are a deadly combo, and much more.
  continue reading

1156 episodes

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