Debt Relief

Kentucky is home to 4,512,310 people. The average resident makes $48,170 annually (mean wage) and owes $37,890 in consumer debt (excluding mortgage). The state ranks 48th in terms of poverty rate with 16.3% of residents living below the federal poverty guideline. If you’re a Kentucky resident who needs debt relief or economic help, or if […]

Many Oklahomans are grappling with a significant amount of debt. On average, Oklahoma households have an average of $8,409 in credit card debt and the sixth-highest credit card debt burden in the U.S., according to CreditCards.com. The median household income in Oklahoma is around $53,840. That’s far below the estimated real median income in the

As of July 2022, 10,912,876 people lived in Georgia. With an average personal income of $53,940 and an average debt load of $53,900, many Georgia residents are struggling with debt. In fact, the state ranks 37th in terms of poverty with 13.3% of the population living below the federal poverty line. If you’re living in

The state of Wisconsin has approximately 5,895,908 living in it. The poverty rate is 10.8%, according to the latest census. This is slightly lower than the national average, which is 11.6%. Overall, the average household income in Wisconsin is $63,293. For comparison, the real median household income in the United States is just over $70,000.

Michigan is home to around 10.05 million people, approximately 13.1% of whom live below the federal poverty guidelines. In comparison, the current population of the USA is 331.9 million and the official poverty rate is 11.6%. The average debt per capita in Michigan is $44,370 — not much lower than the annual mean wage of

Alabama has made some significant inroads when it comes to credit card debt. In a 2019 report, the state was ranked near the bottom. But according to a 2022 analysis, Alabama had a median of $2,013 in credit card debt, the third-lowest total of any state, behind South Dakota and Mississippi. The average payoff time

An estimated 7,174,604 people live in Massachusetts, making it the 15th most populous state in the country. The average annual mean wage is $72,940, but many residents face major financial problems. Approximately 9.4% of Massachusetts residents live in poverty (the eighth highest in the country). Along with this, the average debt per capita is a

If you’ve racked up several missed payments and are watching your credit card debt increase rapidly, you have more to worry about than your rising balance. Your creditor may have the loan charged off as bad debt. According to the Federal Reserve of St. Louis, this happens to about 2.25% of credit card debts in

Credit card use continues to soar even as the interest rates have risen dramatically, often exceeding 20%.  The Consumer Financial Protection Bureau (CFPB) estimates that outstanding credit card debt will continue to set records and may even hit $1 trillion. If you’re struggling to make your monthly payments and it seems like your credit cards