Louisiana consumers often live beyond their means, charging purchases on their credit cards and taking out loans. This is common, and even those who earn reasonably high incomes often spend a significant portion of their paychecks just making ends meet. Studies find...
Unfair medical billing practices cost everyone more money
When a Louisiana family needs urgent medical care, there is a good chance they will have to pay for some or all of their care out of pocket. Even with insurance, health care expenses can be exorbitant, and unfair billing practices can catch patients and families off...
Medical debt could be bad for your health
Health care is one of the leading reasons why Americans find themselves struggling financially. Even with insurance, medical bills from an unexpected emergency room visit or planned surgery can wipe out savings in an instant. Medical debt is a common problem for...
When should someone file for bankruptcy?
Bankruptcy is a financial tool that can help people struggling with more debt than they have income to repay. Quite a few people don't even think about bankruptcy until their financial circumstances become so dire that they have no other option. If you have found...
What does the Fair Debt Collection Practices Act mean for you?
One of the most inconvenient and overwhelming aspects of owing a significant amount of debt is effort made by debt collectors to contact you. If you fall behind on your payments, you will start getting phone calls and letters from creditors demanding payments. You may...
Americans still falling behind because of medical debt
Even with health insurance, it can be exorbitantly expensive to get health care in Louisiana. In some situations, those who have emergency medical needs or require care over a period of time could be left with bills that far outmatch their ability to pay or even make...
Debt consolidation and other options for better financial health
Consumers may find themselves in difficult financial situations for various reasons. Job loss, changes in income, the birth of new children, divorce and other factors can lead to a dependence on credit cards and an accumulation of debt that eventually becomes...
