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Debt: How to get rid of it

A recent study from Wallethub.com says that credit card debt is growing.

The study shows that Americans have a debt of 1 billion dollars in personal credit cards and only paid 38 billion in the first quarter of 2019.
That is less paid in debt this year than in the same period of the previous year.
We meet with a local financial expert to see where consumers are wrong and how to fix it.

"Understanding the full global picture of the debt burden that is out there will begin to help you get out of the hole, so to speak." Trying to determine and develop a plan is key when it comes to solving or solving any debt problem. says Jersey Benson, vice president of commercial loans at First Western Bank & Trust.

Benson also says that when deciding whether to make a purchase, think about whether it is a need or a need.

Source: https://www.kxnet.com/news/local-news/debt-how-to-get-rid-of-it/

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