A meeting was held recently in Troy City to inform residents about predatory loaning businesses, WSFA12 reported on June 12. According to Troy City Councilwoman DeJerilyn King Henderson, many consumers did not know that they are likely paying more in interest to payday loan businesses compared to financial institutions. The public meeting held on June 11 also...
ABC 7 offered some tips for senior citizens who may be struggling with debts as they reach retirement age. In this situation, you may want to consider the following ways to decrease stress over your finances: Identify all expenses and create a workable budget. Look for other ways to receive additional funds; however, make sure that other public benefits...
Student loan borrowers who are facing trouble repaying their balance may consider the following tips in order to best manage their debts: • Be sure to closely review the terms of your loan as there will likely be a range of repayment options available. • Individuals may want to consider merging their various loans in...
According to a recent study, older people are likely to exhibit signs of depression if they are plagued with a certain amount of unsecured debt, a Newsday article stated on August 1. In the study conducted at Rutgers University, the researchers stated that an estimated 30 percent of people aged 51 and above have unsecured debts, such as from a credit...