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Debt consolidation trends: How borrowers are managing and paying down debt

Sophie Chang
Reporter · Friday, November 13, 2026 at 4:30 PM · 1 min read
Debt consolidation trends: How borrowers are managing and paying down debt — Washburn Community news

SoFi reports that 87% of U.S. borrowers have credit card debt, with many considering consolidation to reduce high monthly payments and improve financial resilience.

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