REAL MONEY Nine Steps to Dealing With Medical Debt
A broken bone, mental health therapy, a long-term illness, a car accident, a premature baby. All of these situationsand so many more unexpected onescan land a family in medical debt. And you cant comp... Posted on 4/16/13 at 9:27 AM
STAFF BLOG CAPITOL CHATTER Legislative notebook: Obama coming to discuss gun violence
By Don Davis
Next week is turning into gun week in Minnesota.
President Barack Obama kicks the week off with a Monday Minneapolis visit to discuss gun violence and state legislators plan to consider... Posted on 1/30/13 at 8:04 PM
HEALTHBEAT The staggering cost of a medical education
Medical students traded the classroom and the anatomy lab last week for the halls of power in Washington, D.C. Their mission: to issue a plea to Congress for help with the crushing fina... Posted on 3/19/09 at 7:01 AM
“This year’s survey results provided somewhat of a mixed message,” said Susan C. Keating, president and CEO of the NFCC. “More than one in four consumers indicated they are spending more than last year, yet 77 percent admitted to having financial worries, listing insufficient savings as their top financial concern."
Consumers who owe money or are behind on their bills may legitimately be contacted by debt collectors. However, the Better Business Bureau of Minnesota and North Dakota (BBB) is reminding consumers to be aware of their rights and also providing some tips on best practices when it comes to handling debt collectors.
The Village Family Service Center, a member of the National Foundation for Credit Counseling, Inc. (NFCC), is working with the NFCC, Cintas Document Destruction, Equifax and other NFCC member agencies to host the Shred Your Debt contest.
Many people feel as though their personal finances are out of control, with no hope of ever recovering from the financial mayhem in which they find themselves. With jobs lost, mortgages underwater, and retirement accounts still on life-support, this feeling of hopelessness is understandable.
The Minnesota Department of Commerce is continuing to crack down on unlicensed debt settlement companies using deceptive practices to market their services and charging excessive fees to Minnesota consumers.
Everyone runs up a little credit card debt, right? That’s what many people tell themselves to justify carrying heavy loan amounts, but the fact is that undisciplined spending and poor credit management are serious problems that must be addressed.
Given the economy this past year and with the biggest shopping days upon us, it’s important to think about holiday spending and the true cost of using plastic for those unbeatable deals you’re sure to be tempted with this holiday season.
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