Average Household Debt In America in 2017: How Do You Compare?

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Debt can be an investment when applied toward things like your mortgage or education, but it can also be a major burden that hinders Americans from feeling true financial freedom. As the cost of living increases disproportionately to income, many Americans rely on credit cards and loans to make ends meet. This financial strategy has many adverse effects.

What does consumer debt look like for Americans today? How much interest are Americans bound to as a result of their consumer debt decisions? Who is the most affected by debt? And, what steps can someone take to free themselves from debt? Click to see the full article on InvestmentZen.com.