Analyst Talks About Debt Rising Among Young People
VOCABULARY & EXPRESSIONS
historic: 역사적인, 전례 없는
We are seeing a historic increase in debt among younger Americans, and they’re now seeking out help to get their credit back on track.
balance: 잔액, 미상환 금액
So they just kind of ignore it and they continue to use their credit cards, and they continue to rack up that balance.
staggering: 충격적인, 엄청난
The numbers I just read are staggering.
stigma: 오명, 부정적인 인식
I think first of all, it’s important to take the stigma out of it.
interest rate: 이자율, 금리
So what you do is you pay the credit cards off with the personal loan, and then you repay that debt over 4 or 5 years at a more favorable interest rate.
well-intentioned: 좋은 의도에서 비롯된, 선의의
It may be well-intentioned, and a lot of these expenses may be very practical items.
spouse: 배우자
Just be honest with yourself and your spouse.