Balancing debt in today's social climate can be an overwhelming task. Despite this, the majority of consumers in Florida and across the rest of the United States feel like they manage their personal finances better than the government handles its budget. While this...
Credit Card Debt
Credit card debt influenced by age, income
Over two-thirds of American adults have at least one credit card, and the average balance is perhaps less than ideal. Adults of all ages and income brackets struggle with the burden created by their credit card debt. However, some people in Florida might have an...
As credit card debt grows, personal savings shrink
Adults in Florida generally understand the importance of building up an emergency savings account. Unfortunately, this is often easier said than done. Many consumers currently have more in credit card debt than they do in their emergency savings. While this might seem...
Last year’s credit card debt outpaced predictions
Coming out of the holidays and into the new year can be an uncomfortable experience for some people in Florida. While virtually no one plans to become entrenched in debt, it is sometimes hard to escape. From feeling obligated to purchasing gifts to traveling to visit...
What should I do re home foreclosure on my investment property?
During the housing boom, Florida was a popular place for investors to scoop up real estate. Unfortunately, as the market declined over the years, many investors found it more and more difficult to keep up with the overhead costs of their properties. If you are one of...
What does revolving credit mean for those with credit card debt?
Most Americans have credit cards and have some credit card debt. While many Florida card holders are able to manage their payments and avoid falling behind, others may find themselves victim to revolving credit and balances that keep going up due to accumulating...
Will Americans need help with their credit card debt soon?
Credit cards just might be as American as apple pie or baseball. Nationwide, consumers are carrying more than ever on their credit cards, adding to household debts and laying on the interest rates. Credit card debt can be incredibly stressful for people in Florida,...
Experts share their personal stories of credit card debt
Florida consumers may sometimes bemoan their lapse of knowledge when it comes to dealing with complicated financial matters. However, being a financial expert does not protect oneself from the unexpected or unavoidable accumulation of credit card debt. Credit card...
Credit card debt could grow over holiday shopping season
Florida residents are no strangers to the lingering effects of the Great Recession and a decade of economic uncertainty. As a result, many people reigned in their spending habits. Now, experts believe that many consumers are suffering from frugality fatigue. With...
Consumers spend billions for credit card debt, interest
American consumers seem to be confident in their spending habits, but is the upwards trend sustainable? According to some experts, probably not. Consumers in Florida and across the rest of the United States are currently shelling out over $100 billion not in general...