Existing home sales crashed sharply in August. Mortgage rates now up to 6.25%. The correction is here and the worst is yet to come.
A new report revealed that more than 60% of consumers carry credit card debt for more than a year and 25% if consumers use credit cards to cover daily costs of living.
The Buy Now Pay Later credit model is starting to compete against credit cards and costing consumers significantly more money than every before.
Borrowing costs for mortgages have doubled in the last nine months as the Federal Reserve continues raising interest rates to fight inflation.
Reports are now saying that the top 210 housing markets in America could suffer 20% home price reductions in 2023, with many large markets losing more than half their value.
Nursing home debt collectors don't care about the law. They only care about money and are coming after family members of residents even though they are not responsible for the debts.
U.S. Foreclosures Reach Pre-Pandemic Levels Nationwide with Florida Entering the Top 5 Nationally in Foreclosures.
Jacksonville and Orlando are Florida Leading Foreclosure Markets. But Tampa, Lakeland, and Miami will join the foreclosure list in 2023.
The housing market is in recession and that means prices will be declining in 2023. Will you have to sell? Maybe, but your chances are better if you consult with Florida Consumer Lawyers.
If the latest models are true and Florida's housing prices decline by 20% then we will see a run on foreclosures and bankruptcy that may rival the Great Recession.
Whether or not people want to believe it, housing prices will drop 15-30% in 2023-24.
Foreclosures are on the rise with Lakeland and Polk County leading the way. Which Florida cities will be effected next? We have some ideas.
Understanding and dealing with debt collectors is our specialty at Florida Consumer Lawyers. Let us help you get rid of your debt.
Rent Protection Laws are now in effect in Hillsborough and Pinellas Counties. Enforcement to start October 1.
Household Debt Hits All Time High of $16.2 Trillion As Mortgages and Credit Card Balances Rise - Delinquencies Increase
Household debt is boiling over as overvalued home prices, inflation, and higher interest rates pus mortgages, auto loans, and credit cards to all time high balances.
Medical debt is holding most consumers and their families hostage and keeping them from getting ahead. There are things you can do to shed medical debt, but it starts with some good advice from a consumer lawyer.
• Inflation hits 40-year high in June. • Consumers are struggling to keep up with rising prices and are saving little to no money aside for emergencies or financial goals. • Consumer satisfaction with their current financial condition is low, with nearly half of consumers saying they will have no choice but to add significant credit card debt within the next 6 months.
The car loan bubble is bursting fast and what that means for the economy in general is probably not great.
Debt collectors latest scam involves charging convenience fees for online or over the phone payments. These "pay to pay" fees are a clear violation of the Fair Debt Collections Practices Act and the Florida Consumer Collection Protection Act.
Asking questions without disclosing any personal information is the best way to smoke out a scam debt collector. These cowards and con-artists typically only go for the easy scores so a serious of pointed questions will probably chase them away.
Corporations have been aggressively buying single-family homes since 2018 and they are targeting certain demographics. Soon they will target all demographics if they are not stopped.