Manchester, NH -- (ReleaseWire) -- 02/08/2013 -- Millions of people will die without paying their debt. A recent research from Ohio State found out that people in their late 20s and early 30s are accumulating too much debt compared to their older counterparts. Not only that, it was also found out that they pay it off more slowly. These debts acquired through credit card purchases are mounting because of the current trend of plastic spending and the use of internet for purchases.
This study is described in a book called “Going Broke: Why Americans Can't Hold On to Their Money" authored by Stuart Vyse, professor of psychology at Connecticut College. The author said, “Spending once required getting in the car, going somewhere, climbing stairs, lifting. Spending responses that are easy to make are going to result in more impulsive decisions -- our wiser selves don't have time to be activated."
Laura Rowley of the Huffington Post reported in their online issue that, “It's not surprising that younger generations carry more debt, given stagnant wages; the rising cost of basics, such as housing and education; and the financial losses and employment woes wrought by the Great Recession”. Http://dennisoppenheim.org on their part recognizes the timeliness of the credit card issue and thus decided to use this matter to announce the websites new professional look.
Veronica F., a secretary from Manhattan has been using this web site for several month already found the new look more professional looking and easier to navigate.” Although the previous look was good, this one is better because the colors are friendlier to the eyes and the categories are now more systematic”, said Veronica.
Francis M. recently graduated from the university through a student loan program. He says that the debt advice given at http://dennisoppenheim.org/ are timely helpful especially to him. He finds the new look “cool and user friendly”.
Dennisoppenheim.org is a blog created by Dennis J. to give advice to people regarding their credit card debt woes. Realizing the difficulty of having too much credit card debt than one could handle, Dennis wants to help other people get out of this mess like he did several years ago.