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Why so many people are weighed down by credit card debt

Those no-good credit card companies -- they are always trying to cause problems for borrowers through nefarious and underhanded tactics. Many Washington residents who are suffering under the burden of credit card debt may have gotten into their current situation through little fault of their own. One of the main culprits: the pre-approved credit offers that tempt them into spending too much.

Overall credit card debt has dropped nationwide since 2013

Credit card debt among American households has dropped since 2013, with the average consumer carrying about $3,600 in debt during the first quarter of this year. However, some states have seen consumer balances rising again, with borrowers once again making big purchases on their lines of credit. Although it does not appear that Washington residents are carrying higher amounts of credit card debt, some other regions may be cruising for more financial difficulties because of their high individual rates.

How do you know whether debt discharge is the right choice?

Washington residents may not always know whether they should seek bankruptcy protection. When is debt discharge preferable to attempting an individual fix? Although bankruptcy is often unfairly stigmatized, it can be a good solution for those facing overwhelming consumer debt. Bankruptcy exists for a reason, and it is designed to help those Washingtonians who are truly in need of debt relief.

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