Jessica Burbank and Amber Duke discuss mounting credit card debt amonst American GenZers. #Credit #genz
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Debt management company, Debt Buster says consumers are battling to make ends meet and are resorting to loans to supplement their income.
It released the 4th quarter debt index for the year 2022 which showed that consumers are now facing up to their debt. The report also shows that consumers spend about 63% of their income on service debt.
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