Tag: debt
Nearly half of the low-income residents in some sections of Louisville are delinquent on their city water bills. In Newark, water customers’ unpaid balances have been known to reach $4,000. The shutoff and reactivation fees that some cities charge when they stop a customer’s water service create another problem in places like Houston: they add…
The number of Americans over age 60 who are paying back federal or private student loans has reached a critical mass, quadrupling to 2.8 million over the past decade, a new report finds. These older borrowers owe $23,500, on average, and two-thirds of them also have mortgages and credit card bills at a time their…