Author Archives: Site Administrator
Consumers may want to think twice about prepaid cards
Even as the economy recovers, some Floridians are still working to improve their financial outlook. For people who are struggling to pay bills, there are ways to find debt relief. Unfortunately, as people search for help, they are also vulnerable to companies that may treat them unfairly. Due to the loss of a job… Read More »
Bank misidentifies house for repossession
Since the housing crisis, many people in Florida became unable to make their mortgage payments, and banks processed an unprecedented number of foreclosures. The backlog may have forced some bankers to rush through the process, and they may have incorrectly handled some foreclosures. When a woman returned from a two-week vacation, her lawn had… Read More »
Slow economy forces young couples to delay or skip parenthood
Although many Floridians would consider a child a blessing, few people can dispute that having a child is a huge financial undertaking. From diapers to a college education, the expenses can add up. Unfortunately, when parents are also struggling with credit card debt, student loan debt, mortgages, and other financial obligations, the costs of… Read More »
Americans take on more credit card debt
Floridians often turn to credit cards to help them make ends meet. Although credit cards offer short-term solutions, they can also cause financial devastation when they’re not used responsibly. However, sometimes credit card debt is difficult to avoid. Fortunately, people who need debt relief may be rebuild their financial lives through personal bankruptcy. As… Read More »
Some colleges acknowledge students need debt relief
In today’s struggling economy, millions of consumers are suffering under crippling debt. A huge amount of this debt is in the form of student loans, which are getting close to the trillion dollar mark in America. Unfortunately, student loan debt relief is hard to get, since most types of student loans can’t be discharged… Read More »
Bank of America let down homeowners trying to stop foreclosure
Millions of Floridians lost their homes during the housing crisis. It was hard enough for people struggling with financial challenges, but it’s more infuriating to find out that many foreclosures might have been prevented if some banks had been fairer with their foreclosure practices. It’s no secret that some major lenders made it more… Read More »
Florida foreclosures may be good for recovering market
What will the new Florida bill to speed up our state’s lagging foreclosures mean for Floridians? Millions are still enduring financial challenges, while others are recovering along with the housing market, looking to buy property, and moving on. Whether you’re facing foreclosure now or if you’re recovering from a personal bankruptcy and attempting to… Read More »
Americans’ credit card debt on the rise again
Are you using your credit card account as a safety net to protect you from overdrawing your bank account — or to allow you to purchase things you can’t afford on your regular paycheck? If so, you’re not alone. Millions of other Florida residents are spending more with their credit cards, according to a… Read More »
Life after personal bankruptcy isn’t the end of the world
Millions of Floridians are facing a wide range of financial challenges. If you’re struggling to pay your bills, you may have come up with a list of possible solutions to get you and your family out of the mess. But, like most Americans, you might think that filing for bankruptcy is a scary option… Read More »
Cutting down consumer debt and getting out of financial ruin
Many states around the country are recovering from the recession, with the job market starting to pick up and consumers able to afford to spend a little more. But Florida is one of the areas whose residents continue to struggle with ongoing financial challenges. The Corporation for Enterprise Development ranked Florida number 47 in… Read More »