CLEVELAND — With prices on just about everything up and still high interest rates, recent troubling reports show there are record numbers of people piling up all-time highs for debt. If you’re on that path, News 5 Investigators dove into what’s happening in Ohio and how a non-profit organization could help you.
“It was just like slowly losing control,” said Gene Florian from Brunswick.
His finances had many damaging bumps along the way.
“I would get a 0% introductory rate, max that one out, and then hopes that I would get another offer and jump on that one,” explained Florian.
Pretty soon, he said, he found himself tens of thousands in debt.
“Starting to do the math and I’m just like this won’t add up,” said Florian. “The amount of money I was bringing in just wasn’t cutting it for what was going out.”
DEBT ON ALL LEVELS HAS GROWN SIGNIFICANTLY
He’s certainly not alone. Over the years, as the U.S. government’s debt has grown to …