Ohio residents who carry credit card debt could be interested in these facts according to the Federal Reserve. Total U.S. credit card debt as of September was $881.8 billion. U.S. mortgages and student loan debts are the first and second highest U.S.…
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When people get into overwhelming credit card debt in Ohio, they may feel like the debt crept up on them. However, credit card debt is usually something that accumulates gradually before it becomes unmanageable. Because most people are given a low cr…
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Ohio residents are likely aware that many Americans are struggling with high levels of consumer debt. While expenses such as installment loans and medical bills play an important role, it’s credit card debt that often causes the greatest proble…
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Many residents of Ohio are part of millions of others around the country who are plagued by seemingly unmanageable credit card debt. While making the minimum payment will keep bill collectors from calling constantly, there are some ways in which a co…
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Ohio residents might be interested in learning more about how to pay off debt quickly. A reader of a national column on personal finances recently asked for advice on the fastest way to pay down credit card debt. They had incurred $50,000 in debt, wi…
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In June of 2014, a consumer website conducted a poll asking site visitors whether or not they were embarrassed by their credit card balances. This question was prompted by another survey that found that people are more likely to be embarrassed by the…
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As a consumer, it may be beneficial to keep credit card debt to a minimum. According to a recent survey by a financial website, the average credit card debt was $10,902. The amount was slightly lower for those under the age of 30 and was slightly hig…
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The threat of student loan debt has been widely reported, but it’s only one of the problems facing students who are trying to make their way in the world. The unfortunate truth about debt is that it is all compounding. Struggling to pay off student…
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Student loans, mortgages, late fees and interest rates all can amass to large debt, but where does all this debt consolidate? For many people in Ohio and throughout the U.S., payments toward debts are made using credit cards. While credit cards are u…
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Life is full of expenses, and it can be all too easy to run into debt. Interest rates on loans and credit cards are often high, and before long, you can find yourself with a seemingly insurmountable problem. Debt settlement companies may appear to be…
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