Are You Looking For Vermont Debt Relief Programs?
Vermont is the 5th smallest state in the country by area and the 2nd smallest by population – the only state with fewer people is Wyoming. Interestingly, it is also the only state that doesn’t have any buildings taller than 124 feet (38 meters).
However, despite its small geographical area and population, Vermont is a big spot for winter tourism, as people from around the country flock to the state year after year to its well-known resorts for skiing, snowboarding, snow tubing, and other winter sports. The state also provides plenty of wide-open spaces for hiking, camping, or swimming in the lakes and rivers during warmer months of the year.
Vermont is also one of the most progressive states in the country. In 2000, Vermont became the first state to introduce civil unions. In 2009, it became the first state to legalize same-sex marriage, unforced by court challenge or ruling. And in 2018, Vermont became the first of the United States to legalize cannabis for recreational use by legislative action.
While the state is known as being naturally beautiful, financially well-run, and has one of the lowest crime rates in the country, it does have its drawbacks. Inflation has affected Vermont just as it has other states. This, combined with the cost of living, can make it hard for the average resident to meet regular bills, not to mention pay off their credit card debt and personal loan debt.
How Much Of A Problem Is Vermont Debt?
Individuals who live in Vermont enjoy the highest average salary in the country at $74,408 a year. However, the cost of living in Vermont can negate that high average income for Vermonters, especially with increased inflation, taxes, and utility costs (it isn’t cheap to keep a home warm during Vermont winters!) Also, Vermont ranks high (9th in the country) in per capita debt, with an average of $5,403.
All of these factors combined can make Vermont expensive to live in. Those who take on credit card debt may find themselves in a never-ending cycle of earning money, only to spend it on basic living expenses and the minimum payments towards their credit cards. This can make it incredibly difficult to get ahead and obtain financial stability.
Ready To Get Vermont Debt Relief?
There are straightforward options for Vermont debt relief, you just have to know where to look. Here are a few ways to avoid the minimum payment trap and get out of debt.
Our Clients Say...
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Lannie D.
“In 2020, I was drowning in debt. I enrolled in Americor for my 10 creditors for $110,000… and today (three years later) I have cleared my entire balance. It was not an easy process, but Americor guided me through and I am debt free!”
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Matthew E.
“I was down $80k in business debt, and I remember hearing Americor radio advertising. My credit score was down to 570 from 810. I’ve been in the program for over 3 years. It works, just be patient. And my credit score is currently back up to 710!”
