Howard Dvorkin is recognized as a consumer finance expert in the industry. As such, he regularly speaks to major media outlets and news networks about consumer finance. Browse Howard’s latest contributions here to see what Howard has to say about today’s top personal finance news topics. Or, if you’d like to quote Howard in an upcoming piece you’re working on or conduct a full interview, please email [email protected].
What Expert Recommends Buying on Black Friday Before Proposed Trump Tariffs
"I do not believe we will see any immediate changes in the pricing of goods. However, I do anticipate that prices for some imported products from the mentioned countries may rise to some extent after the inauguration," he said.
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Many shoppers are heading into Black Friday with holiday debt left over from last year
"Americans are feeling squeezed in the holiday season, and it's not just inflation," said Howard Dvorkin, chairman of Debt.com. Dvorkin said his company has surveyed consumers on debt in past years, and the share who plan to take on holiday debt "used to be under 50%."
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How to protect your wallet this holiday season
“Essentially, you’re buying stuff that you can’t afford,” said Howard Dvorkin, chairman of Debt.com. “The problem is if you default or don’t pay one of those months, all of a sudden … they’re charging you 30% or more interest on this, so that deal you thought was a great idea, it’s not such a great idea.”
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5 signs you need debt relief before the holidays, according to experts
"The best people suffer the worst holiday debt," says Howard Dvorkin, CPA and chairman of Debt.com. "They overspend not on themselves, but on others. When I [tell] them to stick to a holiday budget, they fear looking cheap to their friends and family." This well-intentioned generosity leads many to start the new year buried in credit card debt.
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Is debt forgiveness a good option right now? Here's what experts say
"Creditors are generally reluctant to forgive debts, as it results in financial losses for them," says Howard Dvorkin, chairman of Debt.com. "However, in situations where the debtor demonstrates significant financial hardship and the likelihood of full repayment is low, creditors might consider forgiveness as a viable option."
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6 Items That Are Cheaper This Holiday Season
“Everyone went out and bought a big, new TV during Covid,” he says,” so they don’t need another new one yet.”
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