Dvorkin On Debt

By: SOUTH FLORIDA SUN SENTINEL | Source: SOUTH FLORIDA SUN SENTINEL

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.

By: Leyla Gulen | Source: Fox 24 News Now

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.

By: Deb Gordon | Source: Forbes

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.

By: Melissa Brock | Source: Entrepreneur

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.

By: Carmen Reinicke | Source: CNBC

The coronavirus pandemic and ensuing economic recession and recovery has made a budget more important for many Americans. Some 80% of those surveyed in 2021 have a budget, according to Debt.com, a 12% jump from 2019.

By: Leyla Gulen | Source: Fox 24 News Now

Debt.com chairman, Howard Dvorkin, CPA, discusses how the COVID-19 pandemic contributed to an increase in day-to-day living costs.

By: Leyla Gulen | Source: Fox 24 News Now

Debt.com chairman Howard Dvorkin is here with some sound advice for avoiding the pitfalls of Summer vacation overspending! Stick to these tips and the relaxation can continue long after you’re back home.

By: Yaёl Bizouati-Kennedy | Source: yahoo!finance

Howard Dvorkin, CPA and Debt.com chairman, told GOBankingRates that you can like him or hate him, but calling Jerome Powell a dangerous man “is unsettling.” “As a CPA, I worry about such base-focused rhetoric because it distracts from our country’s real financial problems and the dispassionate math that can solve them,” Dvorkin says. “I don’t agree with everything the Fed has done over the past three decades that I’ve been a business owner and a financial counselor. But I never thought anyone in the Fed was ‘dangerous.’ Shortsighted? Sure. Bumbling? Sometimes. But dangerous? Never.”

By: Sasha Jones | Source: NBC 6 South Florida

Howard Dvorkin, Debt.com chairman and CPA, sits down with NBC 6 South Florida to discuss how the cost-of-living adjustment will impact South Floridian’s receiving Social Security benefits.

By: Gabrielle Olya | Source: GOBankingRates

“Debt that affects someone’s shelter and security, such as mortgage debt, should be looked at first,” said Howard Dvorkin, CPA, personal finance expert and chairman of Debt.com. “Credit card, medical and student loan debt can be looked at afterward.”

By: Dawn Allcot | Source: Yahoo!finance

Howard Dvorkin, CPA, advises, “Contact your landlord to discuss a deferred payment plan. This is worth a shot as most landlords do not want to pay a fee to file a lawsuit, go to court — especially with COVID still spreading — and go through the expense and hassle of finding a new tenant.”

By: Mariano Gomez | Source: relevant radio

Howard Dvorkin, CPA, tells relevant radio how he sees more people going into retirement with debt. Dvorkin gives his best tips to avoid to plan their retirement.