Tag : Credit Card Debt

Financial Pressures Intensify: A Dual Challenge of Shrinking Savings and Escalating Credit Card Debt
Fintech News

Financial Pressures Intensify: A Dual Challenge of Shrinking Savings and Escalating Credit Card Debt

PR Newswire
by PR Newswire0
In a disconcerting revelation, the latest anonymized user data from Planswell unveils a dual challenge facing Americans across all income groups: a marked decrease in average monthly savings and a simultaneous rise in credit card debt. The user data, comparing 2022 to 2023, not only uncovers the strain on household finances,......
From Debt to Prosperity: How AI with Advisor Intelligence Creates a Roadmap to Financial Independence
Artificial Intelligence debt collection Guest Posts

From Debt to Prosperity: How AI with Advisor Intelligence Creates a Roadmap to Financial Independence

Mitchell Morrison
by Mitchell Morrison0
According to the Federal Reserve, American household debt is at a record high. Americans held $16.9 trillion in household debt at the end of 2022, up $2.75 trillion since only 2019 — $986 billion of which is credit card debt. Clearly, the country is experiencing an issue with financial literacy......
Carrington Mortgage Services Brings Second Lien Program to Carrington Customers
Lending News

Carrington Mortgage Services Brings Second Lien Program to Carrington Customers

Fintech News Desk
by Fintech News Desk0
Carrington Mortgage Services’ Second Lien product provides a welcome source of liquidity to existing CMS servicing customers in a rising-interest-rate market Recently, Carrington Mortgage Services, LLC (CMS) introduced a Second Lien program that offers a unique opportunity for Carrington homeowners. The Second Lien product provides a welcome source of liquidity to existing......
Change These Financial Behaviors to Get Out of Credit Card Debt
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Change These Financial Behaviors to Get Out of Credit Card Debt

Fintech News Desk
by Fintech News Desk0
National nonprofit credit counseling agency Take Charge America provides insights into common habits that derail financial goals Most people know excessive credit card debt is bad for their financial lives. But few may be aware of how seemingly innocuous financial behaviors can lead to a life with perpetual debt. “Much......
Fiat Wealth Management Shares Essential Budgeting Tips to Start You on the Road to Financial Freedom
Finance News

Fiat Wealth Management Shares Essential Budgeting Tips to Start You on the Road to Financial Freedom

Fintech News Desk
by Fintech News Desk0
At Fiat Wealth Management, they work every day to help clients achieve their financial goals and create a roadmap to success. And for many people, that begins with developing an effective budget. Budgeting is one of the most important ways to gain financial freedom and live the life you truly desire.......
Even Financial Adds Tally's Low-Interest Line of Credit to Its Embedded Finance Marketplace
Finance News

Even Financial Adds Tally’s Low-Interest Line of Credit to Its Embedded Finance Marketplace

Fintech News Desk
by Fintech News Desk0
Even Financial, the category-leading embedded finance marketplace and independently managed subsidiary of MoneyLion, Inc., has announced a new partnership with Tally, a leading financial automation company, to include the company’s low-interest credit offerings on its platform. “Tally has built a powerful tech-enabled system to help people solve one of the biggest......
Relief Secures $15 Million in Series A Funding to Help Consumers Combat the Credit Card Debt Crisis
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Relief Secures $15 Million in Series A Funding to Help Consumers Combat the Credit Card Debt Crisis

Fintech News Desk
by Fintech News Desk0
Since the launch of Relief’s waitlist, over 100,000 consumers have signed up for their free service with a combined total of over $750 million of credit card debt Relief, the personal finance startup committed to helping everyday people achieve financial freedom by eliminating credit card debt, announced it has raised......
Lendah Cautions Consumers to Avoid Dangerous Financial Trend of Moving Unsecured Debt into Secured Assets
debt collection Mortgage News

Lendah Cautions Consumers to Avoid Dangerous Financial Trend of Moving Unsecured Debt into Secured Assets

Fintech News Desk
by Fintech News Desk0
Boston-based financial services company sees a growing number of people lured by lower rates that are refinancing mortgages to eliminate rising credit card debt Lendah, a Boston-based financial services company, urged caution this new year as more and more consumers are making the mistake of turning towards their secured assets......
Primerica Financial Security Monitor: Middle-Income Families Confident Today, Less Optimistic About Financial Future
Finance News

Primerica Financial Security Monitor: Middle-Income Families Confident Today, Less Optimistic About Financial Future

Fintech News Desk
by Fintech News Desk0
Nearly 90% believe cost of household items will continue to rise Primerica, Inc., a leading provider of financial services in the U.S. and Canada, released the Middle-Income Financial Security Monitor for the Fourth Quarter of 2021— a national survey that measures changes in the sentiments of middle-income families in the......
Positive Lending Solutions Explain the Risks and Benefits of Consolidating Personal Debt on a Home Loan
Fintech Mortgage News

Positive Lending Solutions Explain the Risks and Benefits of Consolidating Personal Debt on a Home Loan

Fintech News Desk
by Fintech News Desk0
Consolidating multiple debts can be an efficient way to pay off loans faster. Before taking action, find out the pros and cons of consolidating a personal loan on a home loan Although it is common to juggle a personal loan with a mortgage, credit card debt, and even perhaps another......
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