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Debt Consolidation in Texas

Famous for its BBQs, chillies and hot weather amongst a great deal more, Texas is also a place of excellent economic growth and overall financial stability. However, as is the case all over America, no state is completely free from debt and most Texan households maintain some degree of debt throughout their lives. This debt is typically made up of a combination of different forms including credit card, student loans and mortgage.

Debt affects different people in different ways and most individuals and households are able to manage their finances successfully using different methods and strategies such as debt consolidation to simplify affairs. In Texas one of the most offending contributions to personal debt is credit card borrowing. Although the figures and statistics vary according to different sources, there is an overall agreement that credit card debt in Texas is slightly less than the national average.

The Gross State Product (GSP) of Texas is the second highest in America and is in fact larger than the GDP of most countries. The state economy is thriving with many factors contributing to its growing success. It's full of natural resources, has huge areas of land, flourishing cities and world-class institutes of education, all of which help the region to prosper.

While the residents certainly benefit from this with unemployment rates as low as 6.4% and average income of $36,484, it doesn?t make them immune from debt. Rather Texans continue to borrow, choosing to opt for personal loans, auto loans and mortgages all of which add up to some significant sums. Debt consolidation remains a popular way to reduce monthly payments and begin to reduce the total amount owed.

 

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Debt Consolidation In The News

Looking for Financial Relief Know Your Rights Before Choosing a Company to Help

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Published:  Sun, 17 Feb 2019 03:54:00 GMT



Student debt relief is union work

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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



The latest tool to combat the opioid epidemic - student-loan relief

As the opioid epidemic rages on, officials are turning to a new tool to help curb it - student-loan relief. The National Health Service Corps, a government program that supports health-care providers ...

Published:  Fri, 08 Feb 2019 23:11:00 GMT



As student loan bills balloon, Madison-area companies offer debt relief as a perk

Forget the free snacks. Move over, gym memberships. A Madison company this month launched a new employee benefit - paying off a portion of an employee's student loan debt - in a move that ...

Published:  Mon, 11 Feb 2019 15:14:00 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



Cleveland Heights council looks at Community Improvement Corp., college loan relief

CLEVELAND HEIGHTS, Ohio -- With formation of a new municipal Community Improvement Corporation in the works, Vice Mayor Melissa Yasinow is already looking into a student loan assistance grant program ...

Published:  Mon, 11 Feb 2019 22:16:00 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



FTC adds defendants to case against California student debt relief company

WASHINGTON, D.C. - The federal government has added two additional defendants in its case against Impetus Enterprise Inc, a California-based student debt relief company accused of defrauding ...

Published:  Mon, 11 Feb 2019 11:28:00 GMT



New Maine bill could bring more relief to debt-ridden students

Maine's workforce is aging. As the state with the oldest median age in the country, it is easy to see the connection between a higher rate of older citizens and a higher rate of aging workers. While i...

Published:  Sun, 10 Feb 2019 23:25:00 GMT




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