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].
Should You Open a Credit Card Post-Holiday Season? 5 Reasons You Should and 3 You Shouldn’t
“If you’ve emerged from this holiday season with huge credit card balances, the last thing you want to do is apply for another card,” he said. “That’s like trying to lose your holiday pounds by eating more turkey and ham. Your better option is to get professional help paying down those balances, which will free up your finances to be more flexible in 2025.”
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New to Financial Advising? Nine Key Ways to Build Trust With Your Clients
“If you want to build trust, don't try so hard. Your best clients have wealth to invest because they didn't fall for smooth talk and easy smiles. They want accurate projections, measurable results and personal responsibility. In other words, consider yourself one of their trusted senior managers. You've got the job as long as you deliver. Stop lobbying for it and just excel at it.”
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Seven Ways Retirees Can Crush Holiday Debt in the New Year
“Best of all, there's no obligation. You can hang up and walk away with that debt analysis, which can help you figure out your next steps,”
"I've been a debt counselor for three decades now, and retirement debt is one of the saddest situations I see. There's simply no time for any other solution except hiring a professional to help.”
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Debt consolidation loan vs. debt consolidation program: Which will be better in 2025?
"A debt consolidation loan is ideal for someone whose debts are annoying but not scary," says Howard Dvorkin, a personal finance expert and chairman of Debt.com. "For instance, if you earn a good income but run up your credit cards during the holidays, a debt consolidation loan can save you a lot on interest. Instead of paying 20% on several credit cards, you take out a personal loan at 10%."
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12 Steps to Take Now for More Financial Success in 2025
“Creating a monthly household budget sounds so obvious as to be ridiculous, but I know many seven-figure earners who get into serious financial trouble because they’ve budgeted carefully for their business but not themselves. With secure online tools that do the math for you, there's simply no excuse for going into the new year without a personal budget.”
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Is It Even Worth Paying Medical Debt Under $500 if It Doesn't Hurt Your Credit Anymore?
"Can they get the money out of you? Not really. Is it annoying? Yes," Dvorkin says.
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