When major media outlets need the perspective of a personal finance expert, they call Howard.
By: Katie Teague | Source: CNET
If you owe a significant amount of money on your credit card, your minimum payment will likely be around 2% to 3% of your balance, Debt.com resident expert and certified public accountant Howard Dvorkin told CNET. However, it could also be as low as 1%.
By: Donna Fuscado | Source: AARP
If you carry a balance, suddenly, 20 percent off that TV doesn’t seem so appealing. “You should be looking at the interest rate, but most shoppers don’t look at that; they look at deals,” says Howard Dvorkin, a CPA and chairman of Debt.com. “You’ve got to be very, very careful.”
By: Adam West | Source: CardRates.com
“Sometimes people with poor credit scores don’t get jobs. Because their job is offered on their ability to handle their finances, and a poor credit score shows that they can’t,” Dvorkin said.
By: John Egan | Source: Bankrate
“CPAs and doctors have one thing in common,” says CPA Howard Dvorkin, chairman of Debt.com. “We see the same symptoms in people. Headaches, ulcers, high blood pressure, chest pain, obesity, anxiety, depression, panic attacks. You name it, I’ve seen it.”
By: Nicole Spector | Source: Yahoo!finance
According to Howard Dvorkin, CPA and chairman of Debt.com, the first step to tackling debt is to take a full inventory of your debts. “Know how much is owed, to whom and where (you) are with payments,” he said.
By: Gabrielle Olya
“The internet is a great tool to find information — the problem is most people don’t know how to use the tool correctly when it comes to financial advice,” said Howard Dvorkin, CPA and chairman of Debt.com. “CPAs like me talk all the time about listening to financial advice from experts with your best interests in mind — not their own — and if you don’t know what red flags to look out for, you may end up taking advice that will end up costing you.”
By: Katie Teague | Source: c|net
If you owe a significant amount of money on your credit card, your minimum payment will likely be around 2-3% of your balance, Debt.com resident expert and certified public accountant Howard Dvorkin told CNET. However, it could also be as low as 1%.
By: Rebecca Lake | Source: Creditcards.com
Credit scores help determine the interest rates and fees credit card companies charge you, says Howard Dvorkin, personal finance expert and chairman of Debt.com.
By: Casey Bond | Source: U.S. News & World Report
“Credit utilization makes up such a significant part of your score because if you’re maxing out credit cards, lenders may assume that you are living beyond your means, ultimately deeming you as a credit risk,” says Howard Dvorkin, a CPA, author, columnist and chairman of personal finance site Debt.com.
By: Jacqueline DeMarco | Source: creditcards.com
Howard Dvorkin, CPA and chairman of Debt.com and author of “Power Up: Taking Charge of Your Financial Destiny,” compared building credit with voting. “You need to be 18, but you can start preparing years before,” Dvorkin noted. “You can learn how things work so you can make informed decisions when the time comes. Since the minimum age for a credit card is 18, parents should use the years before that to teach their children how to be financially responsible adults.”
By: Erica Sandberg | Source: creditcards.com
For many people, reality stars included, credit card statements can be the last documents you want to be made public, says Howard Dvorkin, CPA and chairman of Debt.com: “What you spend and where you spend it is simply truth that can’t be spun.
By: Dawn Papandrea | Source: Bankrate
The problem? “Nobody’s reading the fine print,” says Howard Dvorkin, CPA and chairman of Debt.com. “Either you’re checking out on a terminal or on your computer or phone, and the screen is small, and you’re not going to sit there and read this lending language.”