Dvorkin On Debt

By: Gina Freeman | Source: U.S. News and World Report

“Hardship programs are best for cardholders who usually make timely payments but have suffered a one-time setback,” says Howard Dvorkin, chairman at debt solutions company Debt.com and a certified public accountant. “That could be an accident, illness or medical emergency that disrupts their otherwise solid finances. Short-term relief can give them enough time to get back on their feet.”

By: Cassidy Horton | Source: AOL

“Nearly two-thirds of your credit score is determined by just two factors: payment history and how much you owe,” says Howard Dvorkin, CPA and chairman of Debt.com.

By: Gabriel Vito | Source: GOBankingRates

“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: Aly Yale | Source: Money Watch

“A counselor gives you an in-depth debt analysis over the phone,” says Howard Dvorkin, chairman of Debt.com. “There’s no obligation, and you hang up knowing all your options and — most importantly — creating an accurate monthly budget.”

By: Jessica Dickler | Source: CNBC

“When interest rates are high, credit card debt becomes the most expensive mistake you can make,” said Howard Dvorkin, a certified public accountant and the chairman of Debt.com.

By: Aly Yale | Source: Money Watch

“If the Fed cuts rates later this year or next, we’re not likely to see credit card interest drop dramatically,” says Howard Dvorkin, chairman of Debt.com. “Any changes will be slow and small.”

By: Sharonn Wu | Source: Money Watch

“[Consult] a professional [at] a credit counseling agency or debt solutions company,” Howard Dvorkin, chairman of Debt.com, says. “They’ve seen the worst payday loan emergencies you could imagine, so they know how to deal with them.”

By: Tim Maxwell | Source: Money Watch

“The only certain prediction is that our economy will remain unpredictable for many more months,” said Howard Dvorkin, CPA and chairman of Debt.com. “Until we have clarity about the on-again-off-again tariffs and their impact, I wouldn’t count on rates dropping.”

By: Aly Yale | Source: Money Watch

“Now Americans are rediscovering their value,” Howard Dvorkin, chairman of Debt.com, says.

By: Matt Sczesny | Source: WPTV

“Actually, 50% of all marriages fail, and the No. 1 reason is financial pressure,” Dvorkin said. “I can’t tell you how many times I get a letter on a monthly basis or an email, (saying) ‘thank you for saving my family, thank you for saving my marriage, thank you for saving my life.’”

By: Michael Butler | Source: The Miami Herald

Long before he opened his company’s headquarters in South Florida, Debt.com founder Howard Dvorkin grew up Jewish in a mostly Italian working-class neighborhood in Toms River, New Jersey.

By: Alexander Jones | Source: International Banker

“Even if headlines suggest inflation is cooling, everyday Americans are still feeling its full weight at home,” “Our findings show that many are forced to lean on high-interest credit cards just to get by—yet most haven’t taken steps to explore solutions that could help them regain control.”