Many credit card holders in Florida and around the country have difficulty in managing their credit budgets. Their level of credit card debt has continued to rise, according to a report from a financial website. Consumers often take advantage of perks offered by the...
Month: March 2017
Loan modification popular option for consumers
Many Florida homeowners experiencing financial difficulties are considering all possible options when it comes to avoiding foreclosure and keeping their homes. A loan modification is often a welcome remedy for families struggling to stay current with house payments...
Actions by Federal Reserve will likely increase credit card debt
The Federal Reserve recently increased its benchmark interest rate for the second time in three months. While the economy is growing, there are concerns that many borrowers in Florida and around the nation will be paying more money for interest. Holders of credit card...
Credit card debt reaches high national level
The country's consumer confidence level is the highest it has been in 15 years. This confidence has prompted many consumers in Florida and around the country to increase their spending. According to a personal finance website, much of this spending is being done by...
Cut credit card debt and save money with these tips
Many Florida residents are benefiting from improvements in the economy, such as increased employments rates and higher wages. However, financial experts cite the level of credit card debt in the country as a case for concern. They recommend decreasing this debt and...
Industry trends may affect credit card debt for consumers
Credit cards are very useful to many Florida residents and others throughout the country. Credit card companies often initiate changes in their programs and offerings to attract new customers. Sometimes the changes are beneficial to customers, but others may result in...
Home foreclosure rates improving in Florida
The housing market has been a big topic in the news for quite some time in Florida and all around the country. The home foreclosure rate skyrocketed when the market was in such disarray. For a period of time, Florida ranked among the top states in the nation for the...
Use tax refund to pay off credit card debt
Many Florida residents may be among the estimated 70 percent of taxpayers who will receive a refund from their 2016 tax filing. For those receiving a refund, financial experts have offered some advice on what to do with those funds. One of their suggestions is to pay...
Ruling on post-bankruptcy loan modification benefits borrowers
Florida residents overwhelmed by debt may choose bankruptcy as an option in getting a fresh start with their finances. Several issues arise when a loan modification is sought following a bankruptcy discharge. A recent ruling by a judge in the nation's Bankruptcy Court...