Paying for a funeral would force more than half of Americans into debt: study

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A funeral is one of the few costs in life that’s guaranteed – but more than half of Americans admitted they would be forced to borrow money to afford a burial service, according to a new survey. Some 58% of US adults said they would need to take on debt to pay for a single funeral, with many planning to take out loans or even resort to credit cards, according to a CardRates.com survey released Thursday. “That’s a lot, that’s nearly 60% of American adults who are going to be blindsided when it