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by Prosper on 06/26/14

You don’t help people with over $600 million in debt consolidation loans without learning a little about how people try to deal with their credit card debt.  We’ve learned that good, honest people often get into debt trouble due to circumstances completely out of their hands, and often get stuck there due to all of the conflicting advice, the overwhelming amount of bills, and a lack of financial know-how regarding debt management.

There is also an ever-increasing pool of services available for debt relief – some of them work, while others put you in a bigger hole than ever before.  Regardless of what “miracle methods” out there may claim, there is no one-size-fits-all-solution, and getting out of debt always requires a little discipline, self-control, common sense, and patience.

With debt being such a central issue in today’s economy, we have put together this infographic that examines the scope of debt, and gives a brief overview of some of the most popular avenues to help manage it.

If you or anyone you know is interested in a debt consolidation loan, they can get a free, no-obligation quote from Prosper here: http://pspr.co/gI


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Notice: Blogs and other materials posted on or linked from this page that use the name "Prosper" generally use that name to refer to Prosper Marketplace, Inc. if published before January 31, 2013 and to refer to Prosper Funding LLC if published on or after February 1, 2013.