Though there are varying age ranges, millennials are typically defined as those individuals in Florida and anywhere around the country who were born from roughly 1980 to 2000. Trend watchers often cite how members of this demographic are having a profound effect on...
Month: February 2018
How the home foreclosure crisis affected Florida
The mortgage crisis affected many Florida families, with the market plummeting 10 years ago. Many residents lost their jobs and were unable to pay for their mortgages as their incomes were drastically cut. As a result, home foreclosure levels increased significantly....
Consumers willing to take on credit card debt for certain items
Many Florida residents and others around the nation have different mindsets when it comes to paying for big ticket items. While some consumers would never consider going into debt to pay for certain things, others are willing to incur some credit card debt to cover...
Which cities in the country have the most credit card debt?
Many Florida residents and others throughout the nation are struggling with all types of debt. Trying to make ends meet is often a challenge in a difficult economy. Credit card debt is frequently an issue for consumers, with the total for the country topping $1...
Servicing company in lawsuit over loan modification practices
Loan servicers in Florida and elsewhere around the country handle many activities in the mortgage lending process. Since many lenders do not service the loans they make, servicers often collect the principal, interest and escrow payments from those who have obtained a...
Make a plan to reduce credit card debt
The Federal Reserve recently released statistics that reflect an increase in confidence regarding the economy. That is good news for Florida residents and others around the country. With greater confidence, many consumers are more willing to spend money. However, this...
How to avoid home foreclosure
Despite positive indicators in the economy, there are many homeowners in Florida and around the nation still struggling to pay their mortgages every month. Some fall behind in payments due to loss of job, medical emergencies or other unforeseen difficulties....
Wage garnishment issues remain after issue with credit card debt
Many Florida residents and others throughout the country have difficulties paying their credit card balances each month. Unfortunately, some cardholders find themselves in situations where they are unable to make their payments at all. A collection agency may get...
Good strategy for getting credit card debt under control
Building a good credit history is the goal of many Florida residents and other consumers around the country. Most believe that an effective way to achieve good credit is to not incur any credit card debt by paying balances in full each month. Some people may go so far...