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Ep. 152 | How Consumer Debt Spiraled Out of Control in America
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Discover how America's consumer debt crisis impacts your wallet and financial future. This eye-opening video reveals how stagnant wages coupled with easy access to credit cards, payday loans, and other debt has created a borrowing crisis impacting millions of households.
Learn how predatory lending tactics and aggressive marketing intentionally target consumers and exacerbate the debt dilemma. See how high-interest rates and penalty fees trap people in endless debt cycles. Understand how medical bills, job loss, or other emergencies can force even responsible borrowers into hopeless situations.
The video outlines smart strategies for managing expenses, budgets, credit, and debt to take control of your finances and build real wealth.
Getting out of debt may seem impossible but here at The Financial Mirror, we provide hope through proven methods, resources, and education to regain your financial freedom.
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