Financial News Features

The Sun-Sentinel reported, “Roughly 1 in 7 U.S. residents with a credit record has medical debt in collections.” That sounds bad, but it’s actually worse. My own firm, Debt.com, recently conducted a poll showing half of all Americans owe medical bills. And half of those owe more than $1,000. Surprisingly, these results had little to do with COVID – because medical debt was a huge problem before the pandemic. Student loans have been in the news as an especially dangerous form of debt. Well, settle in for the sequel: medical debt.

Fully half of Americans now carry medical debt, up from 46% in 2020, according to new data from Debt.com, a consumer financial education company.

From losing out on credit offers to potential employers backing away, Howard Dvorkin sits down with Fox 24 News Now to share how to turn those bad credit scores around.

Eighty percent of Americans (in a survey of more than 1,000 individuals) say that they have a budget, according to Debt.com. According to the site, it's the highest number of respondents who have claimed a budget compared to the past four years.

As Howard Dvorkin shared on the Queer Money® podcast episode above, he and his team are experienced with student loan consolidation and can guide you in the right direction to lower your monthly student loan payments and make your life easier.

Debt.com Chairman and CPA, Howard Dvorkin, sat down with Fox 24 to discuss what micro money moves you should be doing right now to live a more financially secure life.