Arizona, Florida, Illinois and New York are among the states with the biggest dollar amount decrease in state debt
Phoenix, AZ (PRWEB) June 12, 2013
Arizona Debt Consolidation Quote is happy with the news that Arizona is among the noteworthy states in the report about the decreasing levels by Moody’s Investors Service.
Based on the Reuters article entitled “Update 1- Moody’s says U.S. states’ debt growth slowed to 1.3 pct in 2012.” This article was just released towards the end of May and it showed important data and statistics that proves that Arizona consumers are wising up when in comes to their debts.
The article notes that the whole country is benefiting from the overall decline but the Moody’s report was quick to note the specific states that contributed to it. Arizona, Florida, Illinois and New York are among the states with the biggest dollar amount decrease in state debt. In terms of percentage, the front runners are Kansas and Utah. The article mentioned that Moody’s believed that this decline was caused by the lack of interest to borrow money from consumers who are still wary of the nation’s economy growth.
On the other hand, California, Massachusetts, Virginia and Washington are still struggling as they are cited to be the biggest contributors to the “growth in net tax-supported state debt” last 2012.
Arizona Debt Consolidation Quote is expressing overall happiness with this report and vows to help spread debt education to consumers in the state. This website is an online resource of information about general debt relief - but with a noticeable concentration on debt consolidation. Although there may be articles that are state specific, the overall site expresses a general view of debt and debt relief.
Although still relatively a new site with less than 20 publications to date, Arizona Debt Consolidation Quote is encouraged to promote debt education by releasing more articles online. While the focus is on debt consolidation, the website will also release personal finance tips and comparative articles on the different debt relief options that Arizona consumers can choose from.
Readers and visitors of the site can also get in touch with a debt expert through the published number on the homepage: 1-888-981-4979. They can also use the debt calculator on the right hand side of the page to help estimate their monthly payments should they opt to get debt help.
To read through the articles published on the site, visit ArizonaDebtConsolidationQuote.com.