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.
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.
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…
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…
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…
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…
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…
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…
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 800 of those surveyed identified as either divorced or remarried. All of those respondents stated that their finances took a hit after their…
Good economy or bad, Americans are still making financial New Year’s resolutions – and still not keeping them.
Debt.com Chairman Howard Dvorkin, CPA worries about U.S. soldiers’ unseen enemies
Debt.com’s annual budgeting survey shows fascinating contradictions this National Financial Literacy Month
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.
Debt.com’s annual “New Year No Debt” survey shows less enthusiasm about personal finances in 2019 over last year.
Americans are struggling with record levels of credit card debt – currently more than $1 trillion. Interest rates on that debt hovers around 16 percent.
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