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.

Next Avenue reports that credit and fixed incomes pull many older adults into credit card debt. "I always reassure people when I do workshops or when our counselors meet with people, that they are not alone," said Kim Miller with LSS Financial Counseling. She adds that time-tested methods are available to restore financial wellness and peace of mind. 

Nearly half of adults age 50 and older have credit card debt, according to a new AARP survey. Many use credit cards as a necessity to pay for daily living expenses. That's true for Norman and Patricia Kietzer, a Minnesota couple who entered retirement without debt and is now working with LSS Financial Counseling on a Debt Management Plan to pay off their debt faster.

Volunteers in our community help change lives as meal delivery drivers, neighborly visitors, foster grandparents and in so many other ways.

Being knowledgeable about managing your personal finances, or financial literacy, is foundational to financial stability and wellness in people’s lives.

Shannon Doyle, with LSS Financial Counseling, appeared on KSTP-TV's Money Minute to discuss tips to save money on your grocery bill.

Shannon Doyle, with LSS Financial Counseling, appeared on KSTP-TV's Money Minute to discuss the upcoming tax deadline.

Joined by Michelle Singletary and Chris Farrell, national experts in personal finance, Kim Miller with LSS Financial Counseling appeared on MPR News with Angela Davis to share insights on how to manage your money in uncertain times. 

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.