Credit Card Debt Reaches Post Recession High

New credit card debt in America hit a post-recession high in the second quarter of 2014, reaching a total of $28.2 billion, according to a new study. That is the largest amount of debt since the economic downturn and almost 200% … Continue reading

Debt Linked to Health Concerns in Young Adults

Heavy debt loads could be causing higher blood pressure in young people according to a new Northwestern Medicine study. The study found that high financial debt is connected with higher diastolic blood pressure and could affect physical and mental health … Continue reading

Managing Your Finances During Each Stage of Life

April is Financial Literacy Month. As you await your tax refund, this is a good reminder to review your financial health and make the necessary changes in the way you manage your money. Every household is directly affected by finances, no … Continue reading

Climbing Out of Debt in 2013

Credit card bills will soon arrive and show how much households spent during the holidays. Chances are good that many consumers added a few hundred dollars of debt to their credit card accounts which already averaged nearly $5,000 per cardholder. … Continue reading