This Is the State Where People Have the Most Debt, Data Shows

If you’re like 80 percent of Americans, the Pew Research Center says, your personal finances are saddled with some form of debt—and most types are dramatically on the rise. According to a 2020 survey from the credit bureau Experian, consumer debt has increased a shocking 31 percent overall since 2010. Between 2019 and 2020 alone, personal loans have risen 6 percent, mortgage debt by 7 percent, and student loans by 12 percent during that same time period. While strategic borrowing can be part of a sound long-term investment plan in your housing, education, and more, many Americans become trapped in a cycle of debt that’s difficult to escape. But

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