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Households plunged into vicious cycle of debt as interest rates soar

Por: ABC News Business February 03, 2023

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When Karissa Warren lost her job as a kitchen manager in December, she worried about how she and her husband would continue to pay off over $10,000 in debt they had accumulated during previous financial rough patches.Worsening the problem, high had hiked the couple's everyday costs, including meals for their three-year-old daughter, said Warren, 31, who lives in Silver Spring, Maryland.To help pay the bills, she focused on her side job as a... + full article



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