Consumer Payment Card News

Debt Zombies

 Debt  ZombiesWith household debt including mortgages, credit cards, auto loans and student loans, at $11.65 trillion, according to the Federal Reserve Bank of New York, and consumer spending increasing $13.5 billion last quarter, it’s not a far reach to say that debt has gotten out of control for many consumers. says it has turned consumers into overextended decaying zombies

The website has released a low-budget video to illustrate how debt can eat you alive and if people are careening towards problem debt, there is a way out.

The sixty second video “The Day of the Living Debt” and can be viewed at . is a merge of financial experts, business journalists, certified solution providers for credit card debt, student loan assistance, credit monitoring, tax debt, identity theft, credit repair, bankruptcy and debt collector harassment.

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