United States Map
      January 18, 2019

Home  >  Debt Consolidation  >  Shop By State  >  Louisiana

Your Information Is Secure
60+ Ways to Save Money Newsletter

Latest Reviews

Bunk Beds

Charm Bracelets

Dating Sites


Flower Delivery

Fruit Baskets

Guitar Lessons

Hair Loss

Menopause Relief

Online Stock Brokers



Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Debt Consolidation in Louisiana

Louisiana MapWith respect to one aspect of personal debt, student loans, Louisiana ranks 47th overall. Less than half of all college graduates have debt upon receiving their diplomas, with the average amount of that debt at $23,358.

Louisiana tends to rank low on the list of bankruptcy filings as well, usually coming in 30th out of 50 states. In an average year, approximately 18,000 residents file for bankruptcy, with a per capita rate of 4.13 (out of every 1000 people statewide). Some individuals choose to pursue debt consolidation rather than filing for bankruptcy.

Mortgages are another component of personal debt, and Louisiana has a median home sale price of $149,000. Louisiana tends to have a foreclosure rate of slightly more than 1 in every 2000 housing units, although St. Charles Parish experiences nearly triple that rate with 1 in every 769 homes currently in foreclosure.

Medical debt can also factor into personal debt, and with nearly 20% of the state population having no medical insurance, it is likely that many people have significant healthcare bills to address.

Louisiana residents land almost in the middle of the rankings when it comes to credit card debt, with some figures indicating an average balance of $6,036.99, making the state the 22nd highest in the country.

However, over 40% of Louisiana credit files have their debt in collection, with amounts owed longer than 180 days, and are likely being contacted by collection agencies. The amount of that debt in collection ranges depending on the area. For instance, the average in New Orleans is $4251 in collection, and Baton Rouge?s is $4561. The statewide average tends to be approximately $4194 in collections. There are a number of debt consolidation agencies within Louisiana that seek to help residents to address these challenges before they become worse.


Louisiana residents can start filing tax returns Jan. 28

BATON ROUGE, La. (AP) - Louisiana personal income taxpayers can start filing their 2018 state tax returns on Jan. 28. The state revenue department announced Tuesday it will begin accepting tax returns ...

Published:  Tue, 15 Jan 2019 12:59:00 GMT

Gery Chico, Susana Mendoza argue over soda tax campaign ad

State Rep. La Shawn Ford, who is also running for mayor, voted for the bill, as did almost every Democrat in Springfield at the time. SEE MORE VIDEOS Chico's newest ad hits Chicago mayoral rivals over ...

Published:  Wed, 16 Jan 2019 14:44:00 GMT

Inslee tax plan draws critics, supporters in budget hearing

While that could provide lower taxes for some people in some areas, Republican senators were skeptical how many it would help. "$250,000 We can't buy a house for that in Clark County now," Sen. Ann R...

Published:  Thu, 17 Jan 2019 01:05:00 GMT

The LA teachers strike is actually a win for charter schools and students

In response, Louisiana converted the city's schools into charters ... California's proposed water tax: Gavin Newsom's trickle down economics Hawkish establishment goes after Tulsi Gabbard Governor New...

Published:  Wed, 16 Jan 2019 20:26:00 GMT

La Crosse tourism board open to room tax talks

The La Crosse County Convention and Visitors Bureau Board is open to talking about raising the hotel room tax, but reluctant to raise it to the 12 percent proposed by Mayor Tim Kabat. Kabat ...

Published:  Tue, 15 Jan 2019 16:34:00 GMT

Trinidad Ministry to impose sugar tax on beverages

(Trinidad Guardian) The Min­istry of Health is mov­ing to im­pose a "sug­ar tax" on bev­er­age man­u­fac­tur­ers in T&T. The rev­e­la­tion was made at a Joint Se­lect Com­mit­tee (JSC) on So­cial Ser­ ...

Published:  Thu, 17 Jan 2019 05:17:00 GMT

Dodgers are letting the luxury tax dictate their offseason

coupled with the report from the LA Times that they might stay under the luxury tax the next four years, makes it look like they won't make a big financial splash this winter. One benefit the Dodgers ...

Published:  Mon, 14 Jan 2019 23:38:00 GMT

CatchMark Announces Tax Treatment for 2018 Dividend Distributions

2018 Dividend Tax Reporting Information (Form 1099-DIV ... owns interests in over 1.6 million acres* of timberlands located in Alabama, Florida, Georgia, Louisiana, North Carolina, Oregon, South Carol...

Published:  Wed, 16 Jan 2019 01:32:00 GMT

New Internet Sales Tax Begins Rolling Out In Louisiana

Last year, the United States Supreme Court ruled that states could collect sales tax on internet purchases from retailers who don't have a physical location in the state. Since then, Louisiana has bee...

Published:  Tue, 15 Jan 2019 17:43:00 GMT

Share Us!    Share on Twitter Share on LinkedIn Share on Google+ Share on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure