Consumer Debt

Personal debt in the U.S. is increasing at the rate of $1000 per second and consumer installment debt has mushroomed to a point where it takes approximately $1 out of every $4 that consumers earn after taxes to keep up the payments&md;not including the home mortgage. For over 250,000 Americans, the burden of debt is so great that he/she declares bankruptcy.

There are even more serious consequences of this financial tension created by debt: 56% of all divorces are a result of financial tension in the home.