Debt

Last year credit card debt in America passed the $1 trillion mark for the first time ever. According to a study from WalletHub, credit card payments are coming later than previous years and sometimes not at all.

money.howstuffworks.com

In the last five years, Utahns were sued in 330,000 debt-collection cases. An online tool for people who can’t afford legal services was developed by a team from the Brigham Young University Law School.

Credit Card Debt Is Becoming More Expensive

Aug 1, 2017
picks.org

With credit scores at an all-time high and credit card delinquency rates near all-time lows, the Federal Reserve has raised rates four times since December of 2015. Experts say because of the increased interest rates, it will cost consumers more to pay their bills.

Utah Students Have Lowest Average Student Debt, Study Says

Aug 8, 2016


  When Utah students go back to college in the coming weeks, fewer will be concerned about student debt compared to students in other states.

Do Debtor's Prisons Exist in Modern-day America?

Mar 29, 2016
action.org

  The question of debtors imprisonment was a topic of discussion after a man died in jail. 

On January 23, a Box Elder County man was arrested for not paying an ambulance bill in December 2013. The fine was for $2,376. The man died that afternoon while in a holding cell. The cause of death is still under investigation.