Credit card defaults skyrocket as Americans are unable to pay their debts

January 4th, 20250 Defaults on credit cards in the U.S. have spiked significantly in the last year, according to a new report. Credit card lenders wrote off $46 billion in seriously delinquent loan balances in the first nine months of the year, the Financial Times reported, citing industry data collated by BankRegData. The amount is up 50 percent...

Are Dearbornites paying too much in property taxes?

August 4th, 20170 DEARBORN — Twice a year, homeowners in the city face one of the most dreaded days of the year – tax day. Among other levied taxes, every homeowner pays a percentage of his or her property's value to help operate and maintain the city's services, like the Police Department, the schools and trash pickup. In addition, the city...