When you look at that number and consider about 1 in 5 Americans don’t even have a credit card, that means the average among people WITH credit cards is MUCH HIGHER!
Almost every day, I’m consistently seeing clients who have WELL over $10,000 in credit card debt telling my team and I that they have no extra money to pay down their credit cards and are barely able to make the minimum payment or WORSE skipping payments all together pushing them further in the hole. This often results in late payments reporting, late fees causing them to go further in debt, getting their limits lowered or even having their cards CLOSED all together!
Now more than ever American’s are spending more and drowning in debt with wages not keeping up with inflation, crippling the American dream of homeownership due to not being able to survive without increasing their debt.
It’s hard to NOT tie your self-worth to your finances when you’re in a rough spot and for a lot of Americans, their cost of living has gone up more than their pay. This can make the idea of home ownership seem out of reach, but don’t worry! We have the perfect solution for you!
You are worth more than your credit rating, and there IS a way out of credit card debt. UQUAL will help create a custom plan tailored to your specific debt to help you achieve your financial goals quicker!
UQUAL has a suite of financial tools to help you cut back on your spending, prepare more savings for a down payment, and create a custom budget based on your spending habits. Our team of Loan Readiness Experts are ready to walk you through any debt reduction strategies that may help.
Don’t wait. Don’t keep falling into the hole, take action and let us help you make a plan to get out of it.
It all starts with a FREE conversation today!
For more information or questions, contact the author, Gentry Dietz:
Thank you so much Desiree Dallas! Desiree was amazing to work with she was extremely helpful, professional, and patient and extremely knowledgeable. Desiree made it easy for me to understand the service. She took the time to walk me through each part of the process making sure I understood everything clearly. Desiree even encouraged me to follow up and reach out directly. I highly recommend working with her. Thank you very much Desiree!!
I had the pleasure of working with Megan as my Loan Readiness Coach, and I can’t say enough good things about the experience. From the very beginning, she was not only professional and knowledgeable, but also incredibly patient, clear, and supportive throughout the entire process.
She took the time to break everything down step by step, answered all my questions, and truly helped me understand what I needed to feel confident and prepared. Her guidance made a process that can often feel overwhelming feel completely manageable.
Megan genuinely cares about helping people succeed — and it shows. If you’re looking for someone to help you navigate loan readiness with clarity and encouragement, she’s absolutely the one to go to.
Thank you again, Megan — I really appreciate all your help!
Published 04/02/2024