Archive for November 15, 2014
Following the Great Recession between 2007-2009, Americans found themselves in the worst financial crisis since the Great Depression. Americans were faced with lay offs and lost their homes due to foreclosure. As such, many Americans relied on unemployment and credit cards in order to make ends meet, which resulted in significant amounts of credit card debt. Soon, families saw their finances spiraling out of control. Add to the equation a bleak, highly competitive job market with a lack of high-paying jobs.
Now, nearly six years after the recession, the economy has shown strong signs of improvement and growth. However, Americans are still wary, with many still suffering from the after effects of challenges they faced at the height of the recession.
However, debt relief services have allowed man