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Gender and Medical Debt

Much of the women in the US are deeply in debt with medical bills. The problem can range from having to pay an unexpected medical charge to incurring an accumulation of debts leading to debt collection and bankruptcy. According to a July 2020 Gallup poll, just over half (51%) of women were concerned that a major health event could lead to bankruptcy, compared to 47% of women surveyed in 2019.In February 2021, most Americans (73%) said they would struggle to pay an unexpected expense or bill of $ 500, according to a Cision poll. And of the 20% who are…

The Looming Rise of Credit Cards: Why Millennials and Gen Z Will Be Using Credit Cards More Than Debit Cards

(Photo by Olivier DOULIERY / AFP) (Photo by OLIVIER DOULIERY / AFP via Getty Images) AFP via Getty Images COMMENTS FROM THE FINTECH SNARKTANK The Wall Street Journal reported: “Debit has been the hero of many payment companies this year. At Visa and Mastercard, US debit cards and dollar purchase volume grew 23% year over year in the quarter ended September, more than double the growth rate prior to Covid-19; the same benchmark for credit cards fell 8%. " Purchase volume debit and credit card, Q3 2019-Q3 2020 Source: Wall Street Journal, Visa, MasterCard Why the trend? WSJ offers two…

Protect your debit and credit cards – Logan

Logan Police would like to remind you that there are steps you can take to reduce the chance of becoming a victim of fraud, as well as the potential damage it could cause or financial loss. To avoid falling victim to credit and debit card fraud, you can: Pick up a new or replacement card in person from your bank or financial institution Make sure to keep your credit and debit cards safe If you lose your wallet or purse, please contact your bank immediately to protect your accounts Never keep your PIN with your card When using an ATM,…

When and how families can benefit from the extended term for child discount: 2 Want to know

The $ 335 child discount deadline is extended through May 31. The Department of Revenue is responsible for distributing money to families. Writer: Published: 6:17 PM EST Feb 11, 2021 Updated: 10:38 PM EST Feb 11, 2021

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