SOURCE: Personal Lending Group

June 30, 2016 14:06 ET

Consumer Debt Highest Since 2008, Personal Lending Group Can Help

IRVINE, CA--(Marketwired - Jun 30, 2016) - Americans are swimming in debt. The latest research from CardHub says the average household with credit card debt now owes more than $7800 -- the highest amount since the Great Recession. Credit card debt isn't the only substantial debt that's being carried. The Federal Reserve Bank of New York says at more than $8 trillion, mortgage balances remain the largest component of household debt.

Personal Lending Group says that consumer confidence is good for the economy, but bad when it comes to consumers overspending far beyond their means. You might be feeling overpowered by payments. And you might be wondering how you can lower your interest rate, monthly payments, or both. Consider a personal loan with Personal Lending Group to wipe your slate clean and start fresh.

In general, banks are more selective about who gets a personal loan than are online lenders, and you don't have to worry about assets being seized. With interest rates lower than ever, now is a good time to take advantage of a personal loan that could save you quite a bit of money in the long run. If your goal is getting out of debt, Personal Lending Group will help you craft a plan. Not only can you benefit by having one debt payment every month, with no fixed interest rate, you may be able to pay off your loans on a shorter timeline. Personal Lending Group's goal is to assist you in gaining this financial freedom.

Personal Lending Group also recommends changing your spending habits to make sure no future debt is accumulated.

Personal Lending Group is committed to bring you personal financial security by connecting you with the right lender -- regardless of your financial history. We seek to streamline your application process and offer you low fixed rates with a single affordable monthly payment. Say good-bye to financial stress and hello to peace of mind. Gain control of your financial future today!

Contact Information

  • Personal Lending Group
    (855) 575-3822