Consumers looking to consolidate debt who live in Pennsylvania may benefit from tax cuts being proposed by Governor Edward Rendell to close an upcoming budget deficit. The proposed reductions would lower the state sales tax rate from 6 to 4 percent in all areas except Allegheny County, which would see its rate lowered to 4.7 […]
Americans are improving their methods of consolidating debt in the new decade and paying down the amounts they owe at a higher level than in the past, according to a new survey from BillShrink. After asking for insight into the personal finances of more than 150,000 people who were lookingfor advice on how to manage […]
Homeowners saddled with bad credit mortgages who are looking to refinance as a means to consolidate debt finished up a disappointing week of rate increases with more rate hikes, according to the latest Primary Mortgage MarketSurvey by Freddie Mac. The survey, which was released last week, found that only 1-year fixed-rate mortgages saw their average […]
For homeowners falling behind on mortgage payments and in need of debt consolidation, a short sale of the home at a price lower than what they still owe on it may seem like the only viable option. However, before going through with a short sale, one should consider the potential consequences and take appropriate actions […]
Consumers looking to refinance their mortgages in order to consolidate debt may not find a better time than now, as the latest Primary Mortgage Market Survey from Freddie Mac saw declines in all mortgage types during the weekending February 18. The average rate for 30-year fixed-rate mortgages matched its decline from the week prior, shedding […]
Consumers may not find a much better time consumers may find that now is the time for debt consolidation and refinancing, with long-term mortgage rates now at their lowest point of the year. According to the latest Zillow Mortgage Rate Monitor released on Tuesday, the average interest rate for 30-year fixed-rate mortgages dropped 0.02 percentage […]
Consumers who have been so good at consolidating debt in recent months should beware, as card mailing offers are back in full force and will likely not be too appealing to many. According to the latest Synovate Mail Monitor, credit card mailings during the fourth quarter of 2009 increased substantially compared to the prior quarter, […]
American consumers are more worried about their financial stability in the new year, as the latest Country Financial Security Index saw the largest bi-monthly drop in its history in February. The index, which was released on Tuesday, declined by 3.2 points to hit 63.1 in February. Following an increase in the index to end 2009, […]
Couples are expected to emphasize the fact that it’s "the thought that counts" this Valentine’s Day, as spending on gifts is expected to decrease as consumers continue to consolidate debt. According to the National Retail Federation’s 2010 Valentine’s Day Consumer Intentions and Actions Survey, couples are expected to slash how much they spend on their […]
House parties and a focus on saving money are shaping up to be the trademarks of Super Bowl parties this year as consumers continue to manage their debts. According to a new survey released this week by the Nielsen, a majority on U.S. households said they were planning on emphasizing debt consolidation over big spending […]