Digging out of credit-card debt (Seattle Times)
Posted in Credit Card Debt, Loan Modifications by admin on August 30th, 2009
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For some consumers, excessive credit-card debt can result from life-event setbacks. For others, it’s a gradual slide.
Help teens learn how to use credit (Richmond Times-Dispatch)
Parents, talk to your college-bound youngsters about the correct use of a credit card on campus this semesterand about the dangers of racking up debt. Think about these sobering facts from a 2009 study by student lender Sallie Mae: Undergraduates are carrying record high credit-card balances. The average balance has grown to $3,173, the highest in the studys history.
Ohio credit rating could drop again (The Columbus Dispatch)
A major ratings agency has given Ohio’s credit rating a negative outlook partly because of decisions made in the latest state budget, putting the state in danger of having its rating dropped again.
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