Credit Cards. Auto Loans. Trouble Ahead?

How serious is America’s debt problem? And what can people do about it?
Credit Cards. Auto Loans. Trouble Ahead?
Credit card debt can feel overwhelming.Rawpixel.com/Shutterstock
Rodd Mann
Updated:
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Debt has been climbing ever since pandemic-related benefits came to an end. Today, two out of three Americans are living paycheck-to-paycheck, only one emergency away from bankruptcy.

Those affected are the people most adversely impacted by inflation, which lately seems to have stalled out in the struggle to reduce it to the Fed’s long-term target of 2 percent.

Rodd Mann
Rodd Mann
Author
Rodd Mann writes about carving out a creative and unique new career in a changing world. His own career has taken him all over the world, working in accounting, finance, materials, logistics and manufacturing operations. Author, teacher, writer, consultant, Rodd has worked in many high-tech roles.