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Creditors and collection agencies have a set amount of time to sue people who are behind on their credit card bills. This is called a statute of limitations; in most states, according to the U.S. Federal Trade Commission, the window is between three and 10 years. In New Jersey, the statute of limitations by which……
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For many folks across New Jersey, credit card expenses and bills are regular concerns. Many people struggle with building credit, maintaining monthly payments and the repercussions of missing these payments. Before they know it, people can become buried under credit card debt.
When many of us open our wallets, we may see that we have at least one credit card tucked in there that is a source of anxiety.
Credit card debt is still a heavy burden for many people throughout New Jersey, but there are signs that consumers in general are getting their card spending under control. Let’s look at some of the recent numbers gathered by credit reporter TransUnion.
Financial stress is something that many people find themselves dealing with on a daily basis. Many people wake up worrying about how to pay bills and go to sleep thinking about what to do about debt.
