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Tag: credit card debt

Most Americans Will Die Penniless

It is a depressing reality, but around 73% of Americans will die with debt, according to a 2016 poll by Credit.com. The average amount of outstanding debt at the...

The Psychology Behind Consumer Spending and Hedonic Adaptation

Consumer debt in the US reached $14.88 trillion in 2020, according to Experian’s consumer debt study. That is a $3 trillion increase in the past decade, and...