Recession Leaves Pets Out in the Cold

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Even pets can’t escape the bad economy intact.

USA Today reports that animal shelters around the country are seeing an increased number of abandoned pets as owners have more trouble paying for food and vet bills for their furry friends.

Pet Rescue North, a shelter in Jacksonville, Fla., says it has seen a 55% increase in the number of animals that need housing this year. Similarly, the New York City branch of the ASPCA reports having hundreds of animals in its kennels at any given time.

“There are more animals than space in shelters across the country, a problem which has worsened this year and is particularly bad in areas where foreclosure rates are highest,” the paper reports.

This is particularly true at the Oakland County Animal Control center outside of Detroit, one of the hardest hit areas in the country. More than 1,000 pets have been abandoned there this year alone, but fewer residents have the means to adopt the animals because of the economy. About half have failed to find new homes.

Unfortunately, the downside of this is all too obvious. One shelter in Indiana had to euthanize 600 animals in one month last year, which was about three times the usual amount before the recession.

Still, if you are facing tough times financially and have no choice but to surrender your pet, you can find nearby animal shelters through the ASPCA or the Humane Society, or put pets up for adoption by using services like AdoptAPet.com.

Note: If this article has you feeling too sad, check out one story of three dogs who inherited a $3 million mansion from their owner. Perhaps they have some room open for a few homeless friends.

—For a comprehensive credit report, visit the BankingMyWay.com Credit Center.

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