News

May 2025 News

Monday
May 5

The New York Federal Reserve reports that household credit card debt is up 4% over last year and stands at $1.21 trillion. The average household on a Debt Management Plan with LSS Financial Counseling has $23,000 on 3-4 credit cards. We work with their creditors to lower their credit card interest rates so that they can pay off their debt faster.

April 2025 News

Thursday
Apr 3
Lutheran Social Service of Minnesota (LSS) today announced the opening of its new LSS Youth Resource Center in Willmar, Minn. This resource center, located at Bethel Lutheran Church at 411 Becker Avenue SW, serves youth from eight counties in Southwestern Minnesota – Kandiyohi, Big Stone, Chippewa, Lac qui Parle, McLeod, Meeker, Renville and Swift counties. It supports young people up to 24 years old, particularly those experiencing homelessness.

March 2025 News

Tuesday
Mar 25

With interest rates at an all-time high (23%) and credit card balances – and delinquencies – increasing, it’s important to know how credit cards directly affect your credit score. Shannon Doyle, financial education program manager with LSS Financial Counseling, shares on KTIS Radio how credit cards impact credit reports and what they can do to get back on track.