When you owe money from a loan or mortgage, you may suddenly find yourself in a mafia-esque situation. Creditors can seem to act more like mobsters coming to collect money for the boss. There are several ways – some illegal – that creditors can pressure...
In causes of American debt, medical expenses are at the top of the list. Especially for patients going through a long-term health issue, healthcare bills can quickly pile up. Many people don’t have enough savings to cover the cost of an unexpected injury or...
Many students decide to attend college or graduate programs to increase their chances of securing their dream job, or at least a stable income. Still, graduates often find that when they enter the job market, it can be difficult to get a position in their field, let...
Ohio's economy, like most other states in the nation, has had its ups and downs. If you've been raising your family here for some time, you've probably faced quite a few challenges through the years, as the cost of living, housing market and employment rate (among...
Ohio residents who are struggling to pay down debt are not alone. According to data published by WalletHub, credit card debts for consumers in the United States are nearing their pre-2008 levels. As interest rates continue to rise, more and more people are turning...
Consumers in Ohio and around the country are finding it increasingly difficult to keep up with their monthly bills according to a report from the Federal Reserve Bank of New York. The New York Fed says that credit card delinquency rates in the United States rose in...
Older Ohio residents are still in debt when they reach retirement age according to a MoneyMagnify analysis. The analysis was conducted using information from a University of Michigan study. Conducted since 1990, it asks more than 20,000 Americans at or over the age of...
If the owner of a credit card dies, surviving family members might be responsible for the debt in some circumstances. However, if a person is a sole cardholder, it is likely that no one else is responsible for the debt including the surviving spouse since Ohio is not...
Some Ohio consumers who are struggling with their financial obligations might be considering debt consolidation. However, one issue is that it does not address what is in many cases the root of the problem. For example, one man was struggling to avoid filing for...
Student loan debt is a growing issue in Ohio and across the United States. Individuals are struggling to pay back loans they incurred to cover education costs, many of them paying significant portions of their income to loan companies every month. For those who are...
