Episode Details

Back to Episodes
America’s Debt Crisis Explodes | Spokane News

America’s Debt Crisis Explodes | Spokane News

Published 3 weeks, 3 days ago
Description

Debt is exploding across America as record-high household debt, soaring prices, and shrinking savings push millions into crisis. Nearly 15,000 new debt-management clients signed up this year — the most since 2017 — while financial counseling sessions jumped 143% since 2021. With inflation driving prices up 27% since 2021, families are forced to choose between bankruptcy, debt management, or risky personal loans that often just delay the problem. Experts warn that for most, credit counseling offers a smarter path than DIY fixes — especially if you’re drowning in credit card debt and need real help getting back on track.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/ea2c41f3664a20a5

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us