Financial stability can be elusive, and yet it is achievable for most people if they follow the advice of professionals. For Florida residents, credit card debt can be a source of stress and impair a family's or individual's ability to deal with other debts. While...
Month: October 2014
Reality of credit card debt may lie in generation gap
Not all credit card holders are the same, and neither are the struggles of those who use credit cards. Credit card debt can be financially debilitating for any Florida resident, as the recession once proved. However, the use of credit cards and management of credit...
Florida residents may struggle with loan modification changes
When the recession hit, many home owners across the country turned to different programs to help them keep their homes. One program was the Home Affordable Modification Program. With this program, Florida homeowners were able to obtain a loan modification to reduce...
Mixed feelings about home foreclosure rates in Florida
Before the recession, the home foreclosure rates recorded across the country were not very alarming. When the recession hit and the market spiraled into what was described as a free fall, the home foreclosure rates in Florida and other states rose dramatically. On the...
Credit card debt problems vary from person to person
The recession forced people to stop and think about their personal finances. One area of great concern for those in Florida and elsewhere was credit card debt. For many people, credit card debt led to serious financial issues that were difficult, if not impossible, to...
Home foreclosure action taken against woman working on house
The housing crisis led a lot of homeowners to seek ways to keep the roof over their heads. A loan modification was one method that was used to avoid home foreclosure in Florida and across the country. However, it has come to light that some people who were in the...
Chapter 7 debt relief may not mean losing one’s home in Florida
People naturally do not like the feeling of being trapped, whether physically or financially. Hence, it is important for Florida consumers to be wary of taking on too much debt. However, despite good intentions, many people find themselves in difficult financial...
Family vaction canceled because of credit card debt
Everybody deserves a vacation every once in a while. However, vacations are not usually cheap, and if one does not have his or her finances in order, a vacation may not be possible in Florida or in any other state. This is what one man found out just as he was...
Bank charged with driving people into home foreclosure
During the recession, millions of homeowners turned to their banks to find a way to keep their homes. One way those affected found as a means of avoiding home foreclosure was to seek a loan modification through the existing mortgage lender. Loan modifications were...
Credit card debt still problem in Florida and elsewhere
The financial crisis over the last number of years hit all areas of the country heavily. Florida, in particular, saw a rise in home foreclosures and other financial difficulties. Moreover, credit card debt and other debts wreaked havoc on the average household. As the...