AfroEconomics #68: Signs that your debt is out of control


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According to reports the average household carries at least $10,000 in credit card debt. In addition to this debt, many people take out upside down car loans and overextend themselves on home purchases. While debt is generally an unfortunate part of life, if you decide to buy a house or car, it shouldn’t be an excuse to rack up huge credit card bills or take out unnecessary loans. Check out these 10 warning signs that your debt may be out of control.

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