Here’s what you need to know about the state of debt in America.

How is your credit card debt? Across the country, this is becoming a bigger problem for more Americans. To help unpack this topic, I’m speaking with local financial expert Tiffany. She knows everything about the current debt situation in our country and what it might mean going forward. 

 

You can listen to our full conversation in the video above or skip to each topic using the timestamps provided: 

 

0:00 — Introduction 

 

0:29 — The state of credit card debt

 

1:01 — How interest rates are related

 

2:00 — Why refinancing might make sense

 

3:10 — Why foreclosures are up 

 

4:36 — You can write off mortgage interest

 

5:52 — The market will get hot when rates fall

 

6:39 — Wrapping things up

 

If you have questions about this topic or anything else, please call or email me or Tiffany. We’d love to hear from you!