The holidays are over, and now it is time for the "Santa Shock," when you get the bills for all of your purchases. According to a study conducted by Lending Tree, consumers, on average, incurred a holiday debt of nearly $1,200. The Ohio Division of Financial Institutions tips to reduce your large bill are negotiating a lower interest rate, creating a debt payoff plan, or reducing your spending for normal monthly expenses. Experts say you don't want this year's holiday debt to spread to next year.
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LIMA, OH (WLIO) - There are new resources out there available for all who are looking to become potential homeowners.
For 6 Lima homeowners, they can put their mortgage payments in the past. New Lima-Housing For The Future honored homeowners becoming debt-free with a mortgage burning ceremony. Starting their organization 24 years ago, they have added 243-affordable housing units for Lima residents. Following these homeowners throughout their journeys is part of what keeps them going.
The Homebuyer Workshop will be held every quarter to help give people the information about what goes into the home buying process.
Buying your own home is the American dream, and the City of Lima is working to make that dream come true for residents. The city is hosting a couple of upcoming workshops. One with NACA, the Neighborhood Assistance Corporation of America, and another with the city regarding their first home loan down payment assistance program. City officials say it's important that people understand what assistance is available to them.
October 9, 2024, Press Release from the Ohio Department of Commerce: COLUMBUS, Ohio – If you operate a bank or business in the state of Ohio, you have until Nov. 1 to report unclaimed funds to the Ohio Department of Commerce Division of Unclaimed Funds – even if there are not any funds to report. Unclaimed Funds Reports are due on Nov. 1 for accounts dormant as of June 30, 2024. The only exception is for life insurance companies, whose reports are due May 1, 2025 for accounts dormant as of Dec. 31, 2024. Last year, the division received 90,790 reports and $528 million.
For over 50 years, the Lima Dana plant provided good-paying jobs to this region, and current and former employees are dealing with the announcement of its closure in 2025. President of the UAW 1765 retirees, Gary Frueh, says the Lima plant was highly regarded in the Dana Corporation, and it was the star plant in the division during the 80s and 90s. The plant also received the prestigious "Malcolm Baldrige Award" in 2000 for manufacturing.
Dozens of property owners are coming out to dispute their new tentative valuation amount with the Allen County Auditor's Office. Informal hearings with the auditor's office started today and continue on Wednesday. Every three years, the state requires that property values be re-evaluated. The amount is determined by what properties around you are going for on the open market. You do have the chance to dispute your new valuation, and you need to bring documentation to back up your case.
ALLEN COUNTY, OH (WLIO) - Allen County Job and Family Services wants to warn SNAP cardholders about several skimming incidents that have been reported. Officials say they have had dozens of reports of unauthorized use of clients' cards. Their statements show multiple purchases from the New York area that emptied their account. Allen County Job and Family Services says that this seems to be happening across the nation due to the EBT cards being skimmed during legitimate purchases. They say the State of Ohio is investigating and there is a way to protect your account.
July 17, 2024, Press Release from the Ohio Department of Commerce: COLUMBUS, OHIO – The Ohio Department of Commerce Division of Unclaimed Funds is returning to the Ohio State Fair to help fairgoers search for and claim their lost or forgotten money. The 2024 Ohio State Fair will run from July 24 to Aug. 4. The division will have a booth available in the Department of Commerce’s “Commerce House” inside the Bricker Building, which is located in the middle of the fairgrounds. (Click here to view a map of the fairgrounds.)