Got gas on your plastic? - WALB.com, South Georgia News, Weather, Sports

Got gas on your plastic?

September 29, 2005

Lee County-- When you don't have enough money to pay for gas or other things you need, what do you do?

Charge it!

That's what more and more people are doing, and now overdue credit card bills are hitting record highs. Almost five percent, 4.81% of credit card accounts were 30 or more days overdue in the April-to-June period.

That's an all-time high.

Analysts blame high energy and gas prices, combined with low personal savings. Credit Counselors says customers should be wary of higher credit card balances, because in November companies will raise their required minimum payments.

"Some of them too like a two percent minimum payment as well as your interest on top of that payment," said Irma Whitten of the Consumer Credit Counseling Service. "When that occurs, that is going to put people over the limit."

Whitten urges many of her clients to have one credit card and to use it only for emergencies. And, she doesn't consider gas an emergency.

Feedback: news@walb.com

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • City of Albany to host Summer Youth Programs Fair

    City of Albany to host Summer Youth Programs Fair

    Monday, May 29 2017 5:48 AM EDT2017-05-29 09:48:34 GMT
    The City of Albany wants kids to take advantage of the various programs happening this summer (Source:WALB)The City of Albany wants kids to take advantage of the various programs happening this summer (Source:WALB)

    Dougherty Co. students are now out of school for the summer and the City of Albany wants to inform students about various summer programs. Fight Albany Blight will host a Summer Youth Programs Fair on Tuesday, May 30, 2017, from 6:00 p.m. to 8:00 p.m. at the Mt. Olive Community Recreational Center.

    More >>

    Dougherty Co. students are now out of school for the summer and the City of Albany wants to inform students about various summer programs. Fight Albany Blight will host a Summer Youth Programs Fair on Tuesday, May 30, 2017, from 6:00 p.m. to 8:00 p.m. at the Mt. Olive Community Recreational Center.

    More >>
  • One dead in Albany wreck

    One dead in Albany wreck

    Monday, May 29 2017 4:29 AM EDT2017-05-29 08:29:42 GMT
    (WALB image)(WALB image)

    One person was killed and five others were injured in a wreck in Albany early Sunday morning.

    More >>

    One person was killed and five others were injured in a wreck in Albany early Sunday morning.

    More >>
  • Service honors fallen service members at Albany's Field of Crosses

    Service honors fallen service members at Albany's Field of Crosses

    Sunday, May 28 2017 10:19 PM EDT2017-05-29 02:19:11 GMT
    (Source: WALB)(Source: WALB)

    Several dozen people gathered Sunday to remember and honor fallen military service members. It was the annual Field of Crosses Memorial Day Service at the Albany Mall. Speakers talked about the focus of Memorial Day being fallen service members.

    More >>

    Several dozen people gathered Sunday to remember and honor fallen military service members. It was the annual Field of Crosses Memorial Day Service at the Albany Mall. Speakers talked about the focus of Memorial Day being fallen service members.

    More >>
Powered by Frankly