Putting money aside for retirement is the goal of many Florida residents and others throughout the country. Unfortunately, some consumers are unable to save any money each month because of other financial obligations. A recent survey conducted by a life insurance...
Year: 2017
Understanding credit card debt
Many Florida consumers and others around the country are hesitant to talk about their level of debt. A study by the National Foundation for Credit Counseling found that people would rather share how much they weigh or how much money they have in the bank than give...
Use debt consolidation wisely when tackling credit card debt
According to recent studies, personal loans are becoming more common among consumers in Florida and in other states around the country. In fact, over the past five years, there has been a 64 percent increase in the number of people in the country who have one. Many...
Bankruptcy and federal income tax debt in Florida
Financial trouble can arrive from a variety of sources. Getting behind on your taxes can be especially terrifying; you definitely do not want the government as your creditor. While tax debt can often involve complications and penalties that can make it harder to...
Students seek debt relief from fraudulent loans
College students in Florida and elsewhere around the country often incur a large amount of debt while working toward their degrees. Unfortunately, some students obtained loans from schools that acted fraudulently. Recently, it was reported that more than 87,000 debt...
Credit card debt tops list of millennial concerns
Financial websites frequently survey Florida residents and others throughout the nation. Many surveys are conducted based on generational breakdown. Recently, a financial advice website surveyed millennials about what scared them the most in their lives....
New application introduced to simplify loan modification process
After the mortgage crisis that affected many Florida residents and others around the nation, several mortgage assistance programs arose. However, many of these programs were cumbersome and complicated. The Federal Housing Finance Agency recently introduced a new...
When to pay off credit card debt
Many Florida residents and others around the country utilize credit cards as part of their everyday finances. In some cases, consumers are able to pay off balances each month and do not incur high amounts of interest. However, others may find themselves with a...
3 ways you can recover financially after bankruptcy
If you are thinking about filing for bankruptcy soon to get out of debt, you may have concerns about what your finances will look like after the fact. You may worry that bankruptcy will damage your credit for life and you will never truly recover. However, this is not...
Take these steps before getting a debt consolidation loan
Florida residents may sometimes find themselves in situations where their level of debt feels overwhelming to them. There are several options available to consider to help alleviate the debt. One solution is to consider a debt consolidation loan. As with...