Stafford loans face potential interest hike

Apr 01, 2012 Mike Garretson

Stafford loans face potential interest hike

A push to increase the interest rates on Stafford loans has college students up-in-arms. Because Stafford loans are primarily for low to middle income undergraduates, the Associated Press noted, raised interest rates could result in hardships


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Low income debtors in Indiana must pay utilities

Mar 31, 2012 Mike Garretson

Indiana state regulations prevent utilities companies from shutting off gas to their customers between Dec. 1 and March 15, presumably for their well-being during the cold weather months, the Times of Munster reports.However, after that date,


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Chicago mayor has plans for red light debt

Mar 31, 2012 Mike Garretson

Chicago mayor has plans for red light debt

Chicago mayor Rahm Emanuel recently vowed to collect back-debt on parking and red-light tickets from residents in order to pay for summer programs for children and police, the Chicago Tribune reports.Emanuel noted that amounts owed could be


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Average US credit card debt up month-to-month, down from a year ago

Mar 31, 2012 Mike Garretson

Average US credit card debt up month-to-month, down from a year ago

Although down on a year-to-year basis, consumer credit card debt continued to climb last month, according to data released Wednesday by CreditKarma.com. From January to February, average credit card balances increased slightly to $6,105. That


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Ohio libraries allow credit cards for fine payment

Mar 31, 2012 Mike Garretson

Ohio libraries allow credit cards for fine payment

The Chattahoochee Valley Libraries (CVL) in Ohio have recently authorized the use of credit cards to pay off fines, the Ledger-Enterprise reports.This news is likely to be well received by some patrons, such as one 52-year old women who told


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