Students learn about the true costs of credit cards
Throughout the presentation, Judge Ninfo shared numerous stories about real people who ended up in bankruptcy court owing thousands of dollars in credit card debt. “No one stops you from using credit cards. You can be as irresponsible as you want,” …
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Should credit cards be called 'debt cards'?
“If you don't pay off your balance every month, a credit card is really just another form of debt,” Douglas Hoyes, a bankruptcy trustee with Hoyes, Michalos & Associates Inc. said in a statement. “Let's call it what it is: a debt card.” The survey …
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2012 Nebraska bankruptcy filings drop 12 percent
The latest average credit card debt total in Nebraska was $ 5,463. Turco said he thinks Nebraska has reached its base number of bankruptcies filed each year. "I think we're kind of at the bottom of the filings," Turco said. "I don't think it will …
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