Debt is a burden that many Americans carry, and it can be difficult to manage outstanding balances for an extended period of time. Whether it is credit card debt or other types of debt, getting behind on payments can result in a vicious cycle of accumulating interest...
Month: August 2017
The increasing problem with credit card debt in the U.S.
Most Americans have credit card debt, and most people with credit cards do not pay the balance off in full each month. For many Florida consumers, this balance accumulates quickly, leaving them with more credit card debt than they can effectively manage. In...
Finance company sued for alleged illegal home foreclosure
Many Florida residents and others around the country dream of home ownership. However, sometimes the mortgage payments for a home can put a drain on a family's finances. In dire circumstances, banks may choose to foreclose on a home if a homeowner cannot regularly...
Overall home foreclosure levels improving
It is generally exciting for the state of Florida to be ranked number one in the nation in most scenarios. However, recent reports show Florida to have more home foreclosure sales than any other state in the country. While this particular benchmark was not positive...
Focus on paying off credit card debt
Many Florida residents and others around the country frequently use credit cards as part of their family's financial plan. When used appropriately, they can be useful tools. However, carrying balances on the cards can lead to serious situations. When credit card debt...
Credit card debt: Use credit cards the right way
Millions of Florida residents and others across the country have at least one credit card. While some may struggle with excessive credit card debt, many utilize their cards effectively as part of their household budgeting process. However, experts cite several...
Home foreclosure rate still high with distressed mortgages
Residents in Florida and others around the nation have witnessed much improvement in various indicators over the past decade since the housing crisis. For example, the home foreclosure rate for the total housing market decreased 22 percent in the second quarter....