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      September 19, 2018

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Debt Consolidation in Ohio

Ohio MapAccording to information and statistics provided by, Ohio's level of personal or consumer debt is actually lower than that of other residents of the United States. This is when looking at the issue as a whole. However, when you begin to break the numbers down it becomes apparent that certain areas of borrowing create bigger debt problems than others for residents of Ohio.

The two types of debt that stand out in the case of Ohio is credit card loans and student debt, as these are the areas in which the average Ohioan tends to build up the most debt. Combining different kinds of debt such as these through a process like debt consolidation can help to reduce the overall amount owed. According to the 'U.S. News and World Reports', Ohio is home to five of the countries top 115 schools, and unfortunately quality education doesnít come cheap. When disregarding mortgage debt, student loans actually move into first place as the largest type of debt on average, with $4,300 being the typical sum owed. This is higher than the national American average for student debt.

Credit card debt is the other big area for concern in Ohio, with many spenders owing an average of $2,800 on their credit cards. One study looking into the ratio of household income versus credit card debt revealed three cities located within the state to be in the national top ten of the guiltiest users of plastic. On the plus side and helping Ohioans come out better than the national average overall, is their lower than standard mortgage debt. With a state norm a massive 35% lower than the national one, homeowners also have a lower rate of late payments.

The typical person in Ohio has 26% less debt than the standard American. While this is a significant difference and leaves the locals with a smaller sum to payback, it certainly doesnít mean that they are completely debt free or have nothing to worry about. In fact debt consolidation remains to be an important and beneficial method for getting on top of debt as quickly as efficiently as possible.


Property taxes from pot farm could help repair sewers, sidewalks

Adam Thomarios, Paul's son, will run the farm through AT-CPC of Ohio LLC. The Thomarioses plan to pump $1 million into the old sewer building on 3.72 acres of rundown city land. As the property improv...

Published:  Tue, 18 Sep 2018 07:48:00 GMT

Controversial ticket-tax proposal heads to City Council this week

Cincinnati's 3 percent admissions tax generated $5.6 million in 2016, according to the Ohio Department of Taxation. Katzenmeyer said he does not think the tax would hurt attendance, pointing to studie...

Published:  Sun, 16 Sep 2018 16:52:00 GMT

Secretary Of State To Decide If Pappas Will Be Subpoened In Handling Of Sales Tax Petitions

How could he have witnessed the signatures of eight township voters in the anti-sales tax petition when he was, according to his own social media postings, in Michigan at the time Ohio election law r...

Published:  Mon, 17 Sep 2018 11:21:00 GMT

Democrats predict they'll win House of Representatives in November with possible Ohio gains

He also said voters believe last year's GOP tax bill was a "scam" that Republicans will have ... chance to unseat incumbent Republicans Dave Joyce and Bob Gibbs in Northeast Ohio, Democrats Aftab Pure...

Published:  Thu, 13 Sep 2018 16:03:00 GMT

Trump Loses Altitude in Ohio Ahead of Midterms

Voters in Ohio - the electoral bellwether that's picked the winner ... Rating lower on voters' list of priorities: taxes (61 percent), drug prices (59 percent), guns (51 percent), immigration (48 perc...

Published:  Mon, 17 Sep 2018 02:35:00 GMT

DeWine, Husted announce new initiative to make Ohio a 'leader in technology'

Ohio Attorney General Mike DeWine and Secretary of State Jon Husted have unveiled a new plan aimed at transforming state government into a more "effective and efficient leader" in technology to improv...

Published:  Fri, 14 Sep 2018 05:35:00 GMT

Vigo collects more than $1.3M in wake of tax sale

Indiana Theatre LLC owes $102,425 in unpaid property taxes relating to the building at Seventh and Ohio streets, which is on the National Register of Historical Places. Additionally, the sale resulted ...

Published:  Thu, 13 Sep 2018 20:02:00 GMT

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