When major media outlets need the perspective of a personal finance expert, they call Howard.
By: Casey Bond and Dawn Papandrea | Source: US News & World Report
“One big advantage is that secured cards are relatively easy to get. Another is that parents can be assured their children aren’t overspending,” “Otherwise, it’s like learning how to be a trapeze artist without a net.”
By: Damilola Esebame | Source: TheStreet
“We aren’t just looking at a budgeting issue; we’re looking at a financial emergency,”
By: Adam Mendler | Source: Adam Mendler – Thirty Minute Mentors
“I took my little book of business and started with another firm temporarily for one or two tax seasons. While that was happening, I created my own business plan. I think I got married, quit my job, and bought a house, all within three months. The only thing that lasted, well, I did get the house. Now that I think about it, I think that’s the only thing I got. But yeah, it was scary.”
By: Howard Dvorkin | Source: Forbes
“Coined by economist Kyla Scanlon, the vibe economy is all about public perception. If we all think the economy is going strong, then dire economic reports don’t matter. We’ll keep spending. We’ve been enjoying a vibe economy for the past couple of years. While inflation, tariffs and war have confounded even renowned economists, most Americans are still spending.”
By: Dawn Papandrea | Source: US News & World Report
“Capping late fees at $8 solves nothing, although I do think a $35 or $40 late penalty fee is outrageous,” “These days, $8 is basically the price of a breakfast sandwich. So while I embrace any idea that helps Americans struggling with debt in this era of economic uncertainty, I don’t see this moving the needle.”
By: Howard Dvorkin | Source: South Florida Sun Sentinel
Each plan was touted as “affordability.” None of them are. I say that as someone who has spent three decades studying household budgets and helping people get out of personal debt — mostly caused by credit cards and student loans.
By: Ivana Pino | Source: Yahoo!Finance
“While most experts will correctly look at recent economic numbers, I also look at the history of the American consumer,” “If they’re in their prime earning years, they’ve survived the perfect storm of recession, pandemic, and inflation,”
By: Aly J Yale | Source: CBS News MoneyWatch
“Credit card APRs are typically tied to the prime rate, which moves with Fed policy,” says Howard Dvorkin, chairman of Debt.com. “But unlike mortgages or auto loans, credit card rates adjust upward fast and come down slowly.”
By: Gabriel Vito | Source: AOL
“The problem is when you have bad credit, you’re not getting that super-low 8 to 10% interest rate,” said Howard Dvorkin, chairman of Debt.com. “In extreme cases, you might not save a dime, because the personal loan might actually charge more than the interest on your existing credit cards.”
By: Max Klaver | Source: The Miami Herald
“Wage garnishing is tremendously disrupting, to say the least,” said Howard Dvorkin, founder of Debt.com. “Garnishment is coming right out of the top when you get paid. There’s no float, you can’t play games.”
By: Sarah Sharkey | Source: Credible
“If you’re the kind of person who’s impatient and needs to see progress, or you get discouraged, then the snowball method is better than nothing,” says Howard Dvorkin, CPA and Chairman of Debt.com. Dvorkin continues, “But if you can keep your eye on the prize, go avalanche all the way.”
By: Aly J Yale | Source: CBS News MoneyWatch
“Credit card issuers decide their interest rates according to their own formulas,”