When medical debt rears its ugly head, what emerges as immediately notable are the disturbing numbers associated with it. Here are just a few. Statistics supplied by the national health policy group Kaiser Family Foundation indicate that more than 30 percent of all...
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Month: May 2014
Debunking Misconceptions: What Really Underlies Credit Card Debt
A common viewpoint espoused by some people seeking to explain why certain consumers in New Jersey and elsewhere face a significant level of credit card debt goes something like this: Those people simply don't manage money as well as do others with lower debt levels....
Study Helps Answer Questions Related to Credit Card Debt
Using credit cards and promptly paying off monthly balances is often touted as a smart and easy way to boost one's credit score. But life isn't that simple. A spouse may lose his or her job, a child's illness may require an unplanned trip to the ER or a furnace could...
Failure to Extend Unemployment Benefits Impacts an Estimated 2.3 Million Americans
When opening the newspaper or turning on the television, New Jersey residents are likely to find reports detailing signs of the U.S. economic recovery. While the financial positions of many Americans have improved since 2008, for an estimated 2.3 million Americans...