New Jersey drivers may not consider that owning and driving a car can influence their credit scores. Traffic tickets, car payments, drunk driving charges and accidents can all put a consumer into a financial bind. When the financial struggle becomes insurmountable,...
The housing crisis may be over, but that has not stemmed the flow of foreclosures around the country and in New Jersey. Numerous homes are still not worth what their owners owe on them. An estimated 2.3 million homes are still in danger of foreclosure, and many of...
The financial ramifications of the recent recession could be felt for years by many New Jersey residents that are either approaching or over the age of 50. Many people lost their savings and retirement accounts, lost their homes and/or incurred a great deal of debt in...
It can be difficult for New Jersey consumers to sort through all of the advice concerning the quickest and most efficient method of paying off debt. Two of the most commonly used and discussed methods are the "debt snowball" and paying down high interest debt first....
It may be no surprise to anyone in New Jersey that prior to the recession, Americans were addicted to credit. Credit card debt was out of control for many people, which is, at least in part, illustrated by the dramatic jump in the amount of people filing for...
A significant number of New Jersey consumers have enough financial issues without having to deal with so-called phantom debt. As the name implies, this debt does not exist, yet companies are calling consumers and saying they are being sued and need to take action. The...
In many states, families whose home loans are being foreclosed are given an average of 30 days to vacate the home. However, as the people who live here already know, New Jersey is not like other states. In our state, when a homeowner is unable to stop foreclosure,...
Many New Jersey residents would agree that health insurance is supposed to take care of most, if not all, of the insured's medical expenses. Even so, there are some instances where the patient's portion is still more than a person can afford. Even worse, there are...
With the economy the way it is, and has been for several years now, many people in New Jersey are avoiding going the doctor or dentist. People simply don't have the disposable income to pay for routine procedures, let alone an emergency. People often joke about having...
There are nearly 800,000 federal workers who aren't being paid during the government shutdown. For at least one family, an extended shutdown could mean filing for bankruptcy. The shutdown came after a difficult summer of federal furloughs and an emergency surgery. Not...
