Two main factors push the interest rates on credit cards up. The first is the fact that no asset secures the debt, and the second is the 2009 law limiting the amount of penalties companies can collect on delinquent balances. With interest rates soaring into the 21...
They can be incredibly convincing. They have personal information that the consumer believes only a legitimate debt collector could know. Their tactics may even convince some New Jersey consumers to consider filing bankruptcy. The problem is that the person on the...
Many New Jersey homeowners remember July 2009. The housing market had collapsed and hundreds of thousands of homeowners across the country were either behind on their mortgage debt or in foreclosure. It was during this time that one woman received a heart stopping...
When people get into trouble with their finances, it is through either a series of missteps or a catastrophic event. Many New Jersey residents file for bankruptcy in order to obtain a clean slate to start over financially. The question then becomes how to stay debt...
No matter how much money a New Jersey resident makes, he or she can still be overwhelmed by debt. Many people believe that if a person earns a large salary, he or she does not have problems with debt. However, that can be far from the truth. Income level has little to...
Some New Jersey residents would swear they woke up one morning to an overwhelming amount of debt. At that point, it can seem as if there is no way out. Some people benefit from simple fixes such as budgeting and cutting back on expenses. However, for many people,...
Multiple news reports have highlighted the fact that New Jersey is experiencing a surge in foreclosure filings. You may be one of thousands of homeowners in the state who is concerned about being able to keep your home. Help could be on the way, if a bill up for a...
Rarely does a New Jersey consumer get into debt overnight. Unless a catastrophic event such as a car accident occurs, an overwhelming amount of debt tends to creep up on people. For people whose debt has gotten out of control, bankruptcy could be a solution. By the...
Numerous New Jersey residents have experienced the irritation and exasperation associated with debt collection calls. At some point, it becomes every struggling consumer's desire to stop harassing phone calls from creditors. Since July of last year, the Consumer...
The majority of college graduates in New Jersey and nationwide leave their respective colleges and universities with something in addition to their diplomas -- student loan debt. Paying back those loans -- or not being able to pay them back as the case may be -- is a...
