Browsing: Debt

People often think that they take informed financial decisions until they fall into the debt trap. Consumerism has definitely played…

From governments and enterprises to people, obligation is a plague. The facts reported by The Credit Examiner paint an inauspicious picture of the America’s monetary well-being. Americans owe an aggregate $11.38 trillion. $8.15 trillion in home loans, $914 billion in advances for studying, $852 billion in Master Cards obligation and $72 billion in car credits.