Virojt Changyencham/Getty Images Credit card debt hit a record-breaking $1.12 trillion in 2024. As credit card users struggle to pay bills, delinquency is also growing: 9% of credit card balances were delinquent during the first quarter of 2024. If your credit cards are maxed out, or you were late in making a payment, you may…
You can start erasing $25,000 in credit card debt by taking certain steps now. Rob Hyrons/Getty Images Compounding interest on credit card balances can quickly snowball for cardholders, which is why it’s imperative to pay your balance in full each month to avoid costly interest charges. Tackling credit card interest before it gets out of…
Jenny always dreamed of owning her own home. Her family had little money when she was growing up but she trained as an accountant and got a well-paid job, finally buying her own place in 2016. “I worked really hard to get my career,” she said. “I did a lot of studying and I don’t…
TLDR: Sports betting has exploded since legalization in 2018, generating $120 billion in bets in 2023 Studies show sports betting is negatively impacting personal finances, especially for lower-income households Gambling is associated with reduced investing, higher debt, and lower credit scores Young men and those in low-income areas are most affected financially by sports betting…
Los Angeles Dodgers star Shohei Ohtani addressed the media on Monday afternoon for the first time since the team fired his interpreter Ippei Mizuhara amid gambling allegations. “I am very sad and shocked that someone who I trusted has done this,” Ohtani said through an interpreter. He vehemently denied agreeing to pay off Mizuhara’s gambling debt…
Three states faced questioning from a federal appeals court Wednesday about their standing to challenge the Biden administration’s student loan debt forgiveness program, while the US Education Department was pressed on the impact of a separate circuit ruling temporarily halting the program. Texas Solicitor General Aaron L. Nielson said that Texas, Alaska, and South Carolina…
A bill that grants nonprofit financial counseling agencies a one-time adjustment to their fee schedule so they may continue to provide debt management and settlement services to Californians was signed into law by Governor Gavin Newsom this week. Senate Bill 985, authored by Senator Rosilicie Ochoa Bogh (R-Yucaipa), would specifically provide as a criteria for…
Melbourne businessman Allen NgCredit: Source: clarkofthecourse.com Three judges of the Supreme Court – Justices Maree Kennedy, Cameron Macauley and Kevin Lyons – upheld the appeal. They classed the bets as “unauthorised gambling” because the form had not been signed nor registered with Racing Victoria. As a result, the $150,000 debt was wiped. Let’s bet A…
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Local church helps pay off $8 million in medical debt WJHL-TV News Channel 11 Read the original article here