debtrelief
While the average American household is struggling to keep a grip on their personal finances and debt burdens, the rising cost of living and median household income has been outpacing each other; placing financial strain on millions of people. As of 2021, more than 77% of American households have at least some form of debt to their name, while the average U.S. adult is roughly sitting with $58,604 of debt. But these averages are not the same across the generational spectrum either. Q4 2021 hedge fund letters, conferences and more According to data published by Experian, consumer debt has reach...
ValueWalk
According to an AICPA-commissioned Harris Poll study of 1,004 U.S. adults, 56% of Americans reported that their debt has negatively affected their lives. The survey also found that 28% of debtors stated their debt caused stress in everyday financial decisions; 21% said it had caused conflicts with their partners; and 19% indicated that collection agencies had contacted them. Additionally, nearly a third (31%) of debt-burdened Americans worry about it in general, while a quarter (25%) think about it at bedtime. And, 18% admitted that they think about their debt at work. Considering that the ave...
Due
It is not certain if Congress will approve another round of stimulus checks or not, but students are continuing to get benefits from Biden’s $1.9 trillion stimulus package. More and more universities are giving coronavirus stimulus checks to students by canceling their debt using funds from the $1.9 trillion stimulus package. Q1 2021 hedge fund letters, conferences and more Coronavirus stimulus checks: Colleges canceling student debtLast month, Delaware State University (DSU) announced canceling more than $700,000 in student loan debt. Since then, several colleges and universities have made a ...
ValueWalk
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