Debt consolidation trends: How borrowers are managing and paying down debt
Ava Martinez
Ava Martinez
Reporter · Buffalo, NY
Ava Martinez has spent over 3 years covering community issues in Buffalo, particularly focusing on social justice initiatives and grassroots movements. With a degree in Sociology from the University at Buffalo, she has a deep understanding of the societal factors impacting local neighborhoods. Ava previously worked as a community organizer before transitioning to journalism.
More from Ava →Reporter · Friday, November 13, 2026 at 4:30 PM · 1 min read
SoFi reports that 87% of U.S. borrowers have credit card debt, with many considering consolidation to reduce high monthly payments and improve financial resilience.