As the recession hit a peak, most American households found they struggled with some sort of debt. For Florida residents and others, credit card debt was and is a big source of concern. New statistics point toward a positive trend, however, as credit card debt and...
Month: April 2014
Confusion exists over status of home foreclosure facts in Florida
Some states are still struggling with high home foreclosure rates. Home foreclosure typically occurs because the owner can't afford to keep up with the mortgage payments and the value of the home is less than the balance due on the mortgage. In those circumstances, it...
Other rates fall, but credit card debt and interest still rise
Many people altered the way they spent and dealt with personal finances as a result of the recession. Part of that reformation was how families handled debt. As the recession took hold, interest rates for homes, cars and other loans went down. However, those Florida...
Florida company scams those facing home foreclosure
Whenever a homeowner is struggling, there may be the need to reach out for help as a means of keeping one's home. While there are many widely recommended programs available, there are those who have intentionally scammed people who simply want help so they can avoid...
Settlement and agreement can help deter home foreclosure
For a few years during the recession, the banks handling many home loans across the country became the target of legitimate complaints related to how they handled mortgage issues. Many homeowners in Florida and elsewhere faced home foreclosure, even as they were...
Knowing how to handle credit card debt
When someone has credit card debt, it can be tempting to go along with any kind of payment request. However, Florida residents should be aware of a few facts and tips as to how best go about dealing with creditors calling for collection of credit card debt or any...
Man uses religion to perpetuate loan modification hoax
Whenever a homeowner is struggling and looking for a way to stay on top of their financial obligations, they may reach out online for help. One option that has worked for homeowners is to seek a loan modification to lower a high mortgage payment. However, Florida...
Tips for managing credit card debt for Florida consumers
Any kind of debt can impact a family's lifestyle and plans for the future. However, it can be difficult for some Florida families to gauge whether they have out-of-control debt or a manageable amount of credit card debt. It can also be difficult to formulate a plan to...