Behind on bills? Residents of these states have seen debt balloon
Summary
A new data report shows that people living in some of the most affordable states in the country have seen their debt grow to twice as much over the last 10 years. This means many residents in these states owe a lot more money now compared to a decade ago.Key Facts
- Debt has doubled over the past 10 years for residents in certain affordable states.
- The increase affects people already living in places with lower living costs.
- The data comes from a recent analysis of debt trends.
- Rising debt may include different types of bills like loans, credit cards, or medical bills.
- This trend shows that even in cheaper states, people face growing financial challenges.
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