A survey from U.S. News & World Report found that 21% of Americans don't know if they have credit card debt. It also found that Americans don't always know the interest rate on the debt that they do have. Of those who were surveyed, 37% said that they had just one credit card while 12% said that they had five or more credit cards. There are many ways that debtors can get a handle on their balances such as transferring them to new cards.
Young people in New York and across the country are facing a growing debt burden. While millennials were once known as a generation averse to borrowing, especially after they came of age during the financial crisis of 2008, an increasing number of young Americans now owe a significant amount to credit card issuers. Of greater concern is the indication that more of them are also having trouble paying their bills. Americans aged 18 to 29 now have a greater amount of debt overdue by at least 90 days than at any time in the past eight years.
The grandparent-grandchild relationship is one of the most important in society. After all, when grandparents spend time with grandchildren, everyone benefits. As you may suspect, though, when your child divorces his or her spouse, your relationship with your grandkids may become more difficult.