South Carolina Debt Relief

Learn about debt relief options in South Carolina

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South Carolinians Are Tightening Their Purse Strings

Whether you want to escape to the seaside, learn about our nation’s rich history, hike the Appalachian Mountains, or enjoy a night out on the town, South Carolina has it all. From the charming city of Charleston to the sun-soaked shorelines of Myrtle Beach, the Palmetto State has something for everyone.

Sadly, all of that variety comes at a cost. South Carolinians are tightening their purse strings.

With home prices statewide spiking by 20.8% and grocery prices among the highest in the nation, South Carolina debt is on the rise.

Residents of South Carolina Are Struggling With Debt

With the cost of living rising every day, South Carolinians are struggling to make ends meet. In Columbia, the average household is $12,421 in debt. One hundred miles away, Charleston residents are burdened with an average household credit card debt of $12,147. By continuously charging their household essentials to their credit card and only making the minimum monthly payment, families are caught in a never-ending loop. Being debt-free may seem impossible.

Learn how many minimum monthly payments you’ll need to make to decrease your debt, as well as how much interest you’ll pay with our calculator.

Freedom From Debt In South Carolina

If you want to significantly decrease your debt, use our tools to get rid of your loans, including:

Sources:
https://www.redfin.com/state/South-Carolina/housing-market
https://wpde.com/news/local/study-south-carolina-among-states-with-most-expensive-groceries-leading-into-thanksgiving
https://wallethub.com/edu/cc/credit-card-debt-study/24400#average-debt-decrease-b

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