In the Media
In 2019, a Debt.com poll found just 67 percent of respondents were on a household budget.
Howard Dvorkin, CPA, chairman of Debt.com, said that every American should be checking their credit score at least once a month.
“For political purposes, I understand that Biden went after and vilified the so-called rich,” Howard Dvorkin, chairman of Debt.com, told FOX Business. “But those are the people who create the jobs and guess what? If you tax them too much, they’re going to stop creating jobs.”
According to Howard Dvorkin, CPA and chairman of Debt.com, the first step to tackling debt is to take a full inventory of your debts. “Know how much is owed, to whom and where (you) are with payments,” he said.
“The courts are going to be so backlogged because there are a tremendous amount (of cases), so you may not get evicted for five or six months,” says Howard Dvorkin, personal finance expert, certified public accountant and chairman of Debt.com.
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“Since the start of the pandemic, I’ve urged Americans to hold onto what they have and pay off debt where they can,” Dvorkin said.
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“Buying a home is such a big purchase, a couple needs to redefine intimacy to do it right,” says Howard Dvorkin, CPA and chairman of Debt.com.
While economists argue that government stimulus is meant to provide a stop-gap until the economy picks up and jobs become more readily available, once consumers get used to not paying certain bills, the money gets re-prioritized elsewhere and it’s hard to revert back, according to Howard Dvorkin, chairman of financial education site Debt.com.
Debt.com’s free finance booklets give you the deets on pretty much everything, from eliminating credit card debt to avoiding foreclosure.
Howard Dvorkin, CPA, the chairman of Debt.com, stresses the importance of consumers being informed and alert to avoid scams.