Debt.com Press Center
July 18, 2019
Debt.com Chairman Howard Dvorkin, CPA worries about U.S. soldiers’ unseen enemiesRead More
April 4, 2019
Debt.com’s annual budgeting survey shows fascinating contradictions this National Financial Literacy MonthRead More
February 12, 2019
Debt.com’s annual Valentine’s Day Survey shows that nearly half of American adults expect their loved ones to spend nothing and the other half expects them to spend around $50.Read More
In the Media
According to Howard Dvorkin, chairman of Debt.com, the future of debt is a ‘doomsday scenario’ future generations will have to deal with. ‘I have no clue when it will come crashing down. I just know it will,’ he tells Metro.co.uk. He believes that, although finance industry tech advances will be significant, they won’t solve debt and we’ll ‘borrow more because we can’ rather than having long-term goals in mind.
Men will outspend women by twice as much this holiday season, and nearly a third of 2,003 males surveyed in a holiday spending report from Debt.com with Tinuiti Marketing plan to shell out more than $500 just on gift cards. Women, meanwhile, are slated to spend $250 or less, according to the survey.
How you choose to pay for merchandise is almost as important as how much you buy. Rewards cards can be a great way to rack up points, but if you’re carrying a balance each month, then you have to pay interest on top of what you spend. So, in essence, you’re paying a dollar to save a dime, says Howard Dvorkin, chairman at Debt.com.