Learn: Reduce Debt
Debt is common and curable.
Having debt can make you feel hopeless and alone. Neighbors is here to help you get a handle on your debt.
There are two types of debts: secured and unsecured
Secured debts are those tied to collateral such as a mortgage or auto loan.
Unsecured debts include credit cards, medical debt and many student loans.
A recent review by Experian provides a snapshot of debt (by source) for the average American:
|Debt Source||Average Debt (2020)|