Wisconsin Debt Relief Guide
One of the most unique states in the country, Wisconsin is home to “cheeseheads” (fans of the Green Bay Packers and cheese fanatics alike). For years, the “Badger State” has drawn people in with its low cost of living and low housing prices. But recently there has been an uptick in the prices of homes and a decline in the number of available homes compared to the previous year.
While Wisconsinites are actually fairing much better than the rest of the country in the wake of the pandemic, the state ranks 15th for consumer credit card debt. residents carry an average credit card balance of $4,376.
“Carrying credit card balances that high is not good for people’s budgets, especially when we’re already getting squeezed by inflation,” says Gary Herman, President of Consolidated Credit. “Paying off credit card debt as quickly as possible to eliminate those bills can be immensely beneficial right now. It will make it easier to maintain financial stability in the face of rising costs.