Monday, August 15, 2011 - WRCBtv.com | Chattanooga News, Weather & Sports

Monday, August 15, 2011

Posted: Updated:

 

LIVELINES: BANKRUPTCY QUESTIONS

They're just getting started as adults, but surprisingly they make up the fastest growing age group filing for bankruptcy. So why are people under 25 in financial hot water?

Bankruptcy Attorney Carol Carter was our guest this morning.

The main factors driving this trend.

- Easy Credit

-Student Loans

-Financial Illiteracy

Carol says when it comes to managing debt, it's important for young people to learn early about how to manage money and take financial classes. She recommends the following websites for more information.

Www.mint.com

www.quicken.intuit.com

CAROL CARTER

423.702.5391

 

Powered by Frankly