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What else can I help you with?
What percent of Americans are in debt?
80% of Americans are in debt
Why Americans in credit card debt?
Many Americans have credit card debt because they supplement their purchasing with credit cards due to a lack of adequate income. Some Americans have credit card debt because they are addicted to shopping or because they are not making enough money to pay their bills.
What can happen to your debt after your car is repossessed?
Your debt is then written off as the car covers the cost of the debt.
How many Americans have struggled with college student loan debt?
There are almost twenty million Americans that attend college. Sixty percent of this number borrow loans to finance their studies and therefore struggle with a college student loan debt.
How many Americans can drive a manual car?
17%
If a creditor garnishes wages for debt can they take your car?
If the debt is on the car, or the car was used as collateral for the loan, YES they can repossess the vehicle!
Are car loans considered unsecured debt?
No, car loans are considered secured debt because the car itself serves as collateral for the loan.
What percentage of Americans are debt free?
With 43 percent of Americans spend more money a year than what they make, and another 90 percent of Americans not even using a monthly budget it is obvious there are very few Americans that are debt free. Currently 24 percent of American are debt free.
Why did shays rebellion worry Americans?
It worried many Americans because they were scared that the country that they had just fought so hard for was falling apart once again because of debt and taxes
What percentage of Americans have no debt?
I would guess about 10 percent.
What is the term that trapped African Americans in cycle of debt?
Sharecropping
How many Americans are involved in alcohol related car accidents in their life?
605
