Two trillion dollars is a lot of money. Unfortunately, consumers in the United States alone have accumulated that much in unsecured debt - mostly credit card debt. While not all people are in debt, millions of people cannot cope with situations like these. Chances are, you know someone who has gotten themselves into significant levels of credit card debt, unable to meet the minimum monthly payments, or worse yet, making those monthly payments without seeing their balances fall by any levels. It’s a very unfortunate situation that our nation faces, but a very real one that doesn’t seem to be going away.
