Here’s how debt is changing in the U.S., how it’s impacting people in their 30s, and how Los Angeles and the rest of California compare with the national averages.
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Federal student loan debt can generally be discharged in bankruptcy only if the debtor shows that repaying the debt would impose hardship on the debtor.
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In August, the news broke that a temporary error in Equifax’s coding had resulted in erroneous credit scores being sent to lenders.
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About 82% of households have a cable and internet bill, at an average monthly cost of $114/household. But the average cost in the San Diego metro area is about 20% higher than the national average.
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Two surveys conducted this spring and summer show that people in California are feeling the pinch from rising costs.
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Here’s a look at what’s driving the surge in repossession and auto loan delinquencies and what likely lies ahead.
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