Ohio Debt Relief

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Ohio is one of the hidden gems of the United States. It offers residents and visitors a wide range of diversions, including bustling cities, loads of breweries, and an exciting food market with items sourced from around the world.

The city of Cincinnati spans three states: Ohio, Indiana, and Kentucky. Its German heritage means that visitors have no shortage of local breweries to visit.

Cincinnati is also home to the first Major League Baseball team, the Cincinnati Reds. Residents enjoy watching their favorite team play while savoring delicious ballpark food.

In the city of Cleveland, foodies love the West Side Market, where vendors sell a variety of meats, spices, and dairy foods. Visitors also appreciate the market’s authentic German and Polish dishes, including potato latkes and bratwurst.

Finally, you can’t go wrong with a day spent at the Cedar Point Amusement Park. The park is known as the “roller coaster capital of the world” and offers 17 roller coasters for its guests. Visitors seeking more peaceful options can enjoy live music or walk the beach that borders the park.

While Ohio features many exciting opportunities for leisure, it isn’t known for being a cheap place to live. Residents struggle to balance their regular expenses — such as rent, food, and transportation — while trying to pay down Ohio debt.

Ohio Debt Stats

Ohio is a bargain for individuals seeking low rents and housing prices, but groceries, utilities, and transportation costs fare similarly to the rest of the nation. As a result, Ohio ranks just below Texas for the cost of living.

Individuals working in Ohio earn an average salary of $53,170, much less than the national average of $58,260. The combination of low wages and higher prices for basic expenses such as food and gas leaves many residents feeling the pinch.

Residents of Columbus, Ohio, carry an average of $8,396 in credit card debt. Cincinnati residents rank just below, with a median debt of $8,245. As anyone with credit card debt knows, it can be difficult to pay down obligations when trying to balance other necessities.

To find out how long it will take to pay off your debt through minimum monthly payments, use our calculator provided below. The calculator also indicates the interest you’ll pay to your lender.

The Solution to Ohio Debt: Americor

If you’re tired of dealing with monthly payments that don’t seem to make a dent in your credit card debt, it’s time to get the help you need. Americor offers solutions for individuals seeking to overcome Ohio debt. To learn more, check out these links:

Sources:
25 Top Things to Do in Ohio (usnews.com)
Cost of Living Index by State 2022 (worldpopulationreview.com)
Ohio – May 2021 OEWS State Occupational Employment and Wage Estimates
(bls.gov)
May 2021 National Occupational Employment and Wage Estimates (bls.gov)
2022 Credit Card Debt Study: Trends & Insights (wallethub.com)

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