Company News
Debt.com Survey: COVID-19 Changes How We Use Credit Cards and that Might be Permanent
The pandemic forces Americans to finally learn financial lessons they’ve long ignored. FORT LAUDERDALE – A new Debt.com survey finds that one-third of respondents are crystal clear about their credit card intentions: “As soon as the pandemic ends, we’ll run up bills at restaurants and retailers.” While that might be depressingly predictable to many […]
Read MoreSurvey: Pandemic Devastates Americans’ Finances – but Bolsters Financial Acumen
Debt.com and HerMoney surveyed over 1,000 Americans to find out how consumer attitudes on money have shifted due to the pandemic. The survey found that, regardless of their financial situation, Americans are learning profound lessons about their personal finances.
Read MoreDebt.com Survey Shows Nearly 60 Percent of Americans Will Spend Less this Holiday Season, and it is Not Solely Due to the Economy
The COVID-19 pandemic radically shifted Americans’ projected holiday spending. The survey reveals the reasons behind consumers’ reduced budgets and peer pressure plays a part.
Read MoreDebt.com Partners with HELPS to Bring Debt Solutions to Seniors and the Disabled
FORT LAUDERDALE, Fla. – To help vulnerable populations, Debt.com and HELPS Nonprofit Law Firm have come together to offer free assessments and guidance. For more than a decade, there has been a sharp increase in debt held by older Americans. Two in five of these adults also have a disability, which not only puts their financial […]
Read MoreDebt.com Partners with the Debt Free Guys to Lasso Consumer Debt
In the last 18 months, the Debt Free Guys have helped consumers pay off over $300,000 of credit card debt. They plan to help even more people by partnering with Debt.com. FORT LAUDERDALE, Fla. – Debt.com and the Debt Free Guys, David Auten and John Schneider, bring consumers a debt solution that will buck the trend […]
Read MoreDebt.com survey: When health suffers, finances go on life support
FORT LAUDERDALE, Fla. – Even adults who do not contract COVID-19 are facing a healthcare crisis. A Debt.com survey of more than 1,000 American adults reveals 56 percent of respondents had medical debt sent to collections and nearly two-thirds owed under $5,000, while 5 percent owed over $50,000. According to respondents, hospitalization accounts for a […]
Read MoreBack to School – or Back in Debt
Ft. Lauderdale, Fla., Aug 18, 2020 – A Debt.com survey on the emotional and financial impact of children returning to classrooms shows that parents are worried about their children getting sick, but they are also fearful about their financial situation. The largest disparity in the data from the nearly 600 parents comes from the response […]
Read MoreDebt.com Hotline Offers Free Financial Advice for all Americans
FORT LAUDERDALE, Fla., June 20, 2020 — As states move to reopen and Americans get back to work, millions of households are struggling to pick up the financial pieces in the wake of shutdowns, record high unemployment, and rampant pay cuts. To help people find practical solutions to address their debt and cope with financial […]
Read MoreCOVID-19: Debt.com advises financial quarantine
FORT LAUDERDALE, Fla., March 25, 2020 — Debt.com, the nation’s leading provider of personal debt solutions, is advising Americans to watch their finances during the COVID-19 shutdowns. They have created a hub page where consumers can access personal finance information and resources and they have a hotline where consumers can call to get their questions answered. In this fluid […]
Read MoreDebt.com Survey: Divorced Americans are Indebted to Their “Happily Ever After”
Debt.com/MoneyWise.com surveyed nearly 800 divorcees to find that most are $5,000 or more in debt as a result of their divorce. FORT LAUDERDALE, Fla., Feb. 5, 2020 — Everyone knows divorce is costly, but a new survey reveals that debt follows divorce long after it’s final. Debt.com and MoneyWise.com surveyed nearly 3,000 Americans and […]
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