What Kind of Debt do LGBTQ People Have Most?
There’s good debt and there’s bad debt. Here’s the kind of debt LGBTQ+ people have most and have least. It may not be surprising, but it is solvable. If you want to reach financial sustainability and financial independence, start here by getting rid of any credit card debt with the free, 7-Step Credit Card Debt Slasher.
LGBTQ folks and debt
The kind of debt LGBTQ folks are using and missing
What do queer people have a lot of?! Credit card, auto and personal debt, money suckers.
What do we have very little of? Mortgage loans, a leading generational wealth builder.
Why is this the case? It could be because LGBTQ+ Americans are 73% more likely to be denied a mortgage than heterosexual couples, more likely to experience the sexual orientation/gender identity pay gap, more likely to struggle to keep up with the rate of inflation and more likely to experience discrimination by someone in financial services.
What are the solutions? Listen or watch this bonus episode for more info.