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Why do so many Americans go into debt — and what can they do about it? Prostock-studio / Shutterstock.com
Debt weighs heavily on the minds and wallets of people across the country. The average American has racked up $104,215 of debt across mortgages, auto loans, student loans and credit cards. Mortgages make up the majority of this debt. HELOCs (home improvement lines of credit) and auto loans take the second and third spots. While credit card debt ranks in fourth place, it still majorly impacts…
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