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Debt Consolidation in South Dakota

The recession may feel as though it was a fair time ago and while for some the worse part is indeed over, the truth remains that many Americans are still trying to pull themselves out of the debt that built up during the downturn. Figures concerning rates of personal debt in South Dakota are actually slightly favourable at $51,120 to those of the national average, which are $2,000-$3,000 higher.

While the figure may be less than other states, it is still a significant sum and finding available money to pay off the debt when continuing to support the family can be extremely tough. Debt consolidation is a viable solution for many however, and particularly those individuals and households that have racked up several different types of debt from an array of different lenders.

South Dakota has one of the nations smallest GDP outputs at around $38.9 billion but in the years following the recession the rate of unemployment managed to stay fairly low at roughly 4.5%. Since 2008 the economy has slowly been improving and personal debt has been gradually decreasing over the last few years. The total population of South Dakota is small at just 850,000, which is surprising given that the state frequently makes top ten lists for overall quality of life.

Just some of the perks of living in South Dakota include the low rates of crime, easy access to excellent health care and the pleasant climate. The cost of living in general is also cheaper than the national average by an impressive 11%. Clearing built up debt using methods such as debt consolidation can make it possible for residents to enjoy more of their hard earned cash as well as the many benefits of living in the beautiful region.

 

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Debt Consolidation In The News

Employer-paid student loan repayment help could be coming

"This fits in the center of their Venn diagram." They also put the onus of this student loan debt relief on employers, rather than on the federal government, making it an attractive option for each. " ...

Published:  Mon, 18 Feb 2019 06:11:00 GMT



Student debt relief is union work

AFT leaders in Massachusetts know that supporting our members goes beyond what happens in the classroom, or the schoolhouse, or even the Statehouse. That's why, when the AFT started offering student d...

Published:  Fri, 15 Feb 2019 13:38:00 GMT



Fight Substance Abuse, Get Your Student Loans Paid

It's always exciting to be able to announce a new programs that can provide relief to student loan borrowers. The National Health Services Corp (NHSC), a federal agency, has established a new student ...

Published:  Sat, 16 Feb 2019 07:01:00 GMT



Tips To Strengthen Finances Before Another Recession Shared By National Debt Relief

The last Recession in 2008 affected a lot of people that is why National Debt Relief shares this article to help people prepare for another recession. The article titled "How To Strengthen Your Financ...

Published:  Thu, 14 Feb 2019 08:40:00 GMT



Africa: East Africa Bloc Lauds AU for Support to Cancel Somalia Debt

"Somalia's efforts at peace consolidation are constrained by the debt burden that prevents it from accessing concessionary financing and normalizing relations with International Financial ...

Published:  Mon, 18 Feb 2019 05:08:00 GMT



McClatchy And Tribune Could Merger, Hundreds Of Jobs At Risk

Debt service per year could be in the tens ... It offered a buyout to 450 people, about 13% of its total staff. The consolidation of the newspaper industry will continue as a means to cut costs ...

Published:  Mon, 18 Feb 2019 04:27:00 GMT



Karnataka Debt Relief Bill a boon to farmers

BENGALURU: The Legislative Assembly passed the Karnataka Debt Relief Bill-2018 on Wednesday, to ease the burden on the wallets of small farmers, landless agricultural labourers and the economically we...

Published:  Wed, 13 Feb 2019 16:00:00 GMT



Bill seeks to incentivize MT child protective specialists with student loan relief

HELENA - Charles Asmus, a child protective specialist in Montana, told the House State Administration Committee Wednesday that he'll owe about $190,000 after he gets his doctorate. But, he ...

Published:  Thu, 14 Feb 2019 13:08:00 GMT




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