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Urban Institute broke out debt numbers focused on South Carolinians ages 18 to 24. They're not good.
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On Tuesday, the White House released state-by-state numbers of enrollees to the newly launched SAVE program for student loan borrowers. North Carolina, South Carolina, and Georgia borrowers have enrolled in a big way.
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Several nonprofits and agencies exist to help you navigate your way through debt and financing in South Carolina. And for free.
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South Carolina’s debt situation is bad. But all is not lost. In this episode of InDebted, we wrap up the series with a look at what some of South Carolina’s greatest thinkers, lawmakers, and lenders are doing to address the Palmetto State’s ecosystem of debt.
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RIP Medical Debt, a nonprofit based in New York, buys medical debt through donations, then wipes those debts clean. It's a solution rooted in its CEO's impatience with waiting for the system to fix itself.
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Debt is not just a poor person's plight. People with good credit and equity are like a buffet to lenders who want a piece of your wealth. And they have fantastically complicated contract language to distract you with.
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You do not need to be poor to get caught in the cycle of debt. On this episode of InDebted, a look at how even those with good credit and successful businesses can fall victim to predators and end up in financial trouble.
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South Carolina has a high percentage of uninsured residents. That's not helping the state's place among the most debt-burdened.
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South Carolina is second only to West Virginia in the share of residents with medical debt in collections. The why is a tangle of healthcare costs, disproportionate incomes, and low insurance rates. For starters.
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'Michelle Strickland' has been hit about as hard as anyone could get hit financially. Her full story isn't exactly commonplace, but her plight navigating South Carolina's medical debt environment is.