1855JetDebt

06/27/2016

"Data from ValuePenguin shows that middle-aged Americans typically have the highest credit card debt Opens a New Window. of all age groups, with the average individual owing over $9,000. This puts the age group over $3,000 more in debt than the average millennial (the generation below), the report found.

Young people are often criticized for their reckless spending and lack of savings.

06/27/2016

"The average American household carries $15,762 of credit card debt according to data from NerdWallet. The average credit card interest rate is 13.51%. That means the typical American family could be losing $2,000 a year to credit card interest alone.

Shutterstock The average American household carries $15,762 of credit card debt according to data from NerdWallet. The average credit card interest rate is 13.51%. That means the typical American family could be losing $2,000 a year to credit card interest alone. Getting out of debt requires a plan....

06/20/2016

“I was throwing all this handmade jewelry into Tupperware containers into the back of my 1984 Corolla hatch back, zipping around Sydney hustling friends of friends to have these jewelry parties, kind of like Avon-style. So if you had a party or you booked a party you got a $50 gift voucher — I had no idea what I was doing — but it got the wheels going on cash flow.

From attending beading classes as a kid in Port Macquarie, northern New South Wales, to featuring her jewelry on international fashion runways, Wills encompasses the hard work and determination that is required to make a small business succeed.

06/20/2016

"Overall, the release sends some very mixed messages about the condition of nearly $1.3 trillion in outstanding loans.

Three takeaways from the latest data release.

06/13/2016

"More students are enrolling at these schools. Often they have been lured by misleading TV advertising, or hooked by bait and switch websites that offer jobs, food stamps, veterans advice, and other things that struggling Americans need

THE BLOG Why We Need A Strong Student Debt Relief Rule 06/08/2016 06:15 pm ET | Updated 3 days ago David Halperin Attorney, advocate, writer at RepublicReport.org The Obama Administration is on the verge of issuing a proposed rule that would create new procedures and standards for cancelling the fed...

06/13/2016

"After leaving the military, Greg, who asked that his last name be withheld to protect his financial privacy, had taken a job in information technology. “I guess when I filled out my taxes for 2013 I messed something up, so I didn’t get my private-sector job included into the taxes owed,” he said. Now he was into the Treasury Department for more than $1,700.

Those 18 to 34 are more afraid of filing their taxes than any other generation. The key to dealing with the agency: Don't ignore it.

06/13/2016

"Sit down and make a list of every single debt you have, what the interest rate is and what the minimum monthly payment is. It can be hard to face and easy to put off, but the best way to move forward is getting everything out in the open — and getting organized. Consider setting calendar reminders for each payment, too.

Credit card debt is on track to reach $1 trillion this year, nearing the high of $1.02 trillion set right before the financial crisis.

06/13/2016

Here are some photos from recent student loan debt protests in New York, Washington DC, and other major cities

06/13/2016

"Colleges talk often about boosting their aid for low-income students, yet their average “net price” (the total yearly cost of attendance after grants and discounts have been deducted) often remains high. For students with total family income of $30,000 or less, these costs can be especially hard to afford.

We tell students they need a bachelor’s degree to get ahead. But for too many, the numbers no longer add up.