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 may be interested to learn that as the Baby Boom generation approaches retirement age, many of its members are finding that they are saddled with considerable amounts of debt. The generation may face a number of different debts, includ…
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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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As a general rule of good financial responsibility, a person should focus on minimizing their debt. This is especially true of high-interest balances, including credit card debt. There are times, however, when an Ohio resident may consider carrying a…
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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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Ohio residents with credit card debts may be interested in finding out if credit card companies can garnish their retirement funds. While some personal accounts are exempt from garnishment in many circumstances, others are not. First of all, a credit…
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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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Ohio residents may be interested to learn of a disturbing new trend emerging among debt collectors. When late-night telephone calls or in-person visits fail to yield the desired results, some debt collectors have begun filing lawsuits against consume…
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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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