Author Archives: Jay Butchko
Are Car Loans The Next Economic Bubble?
It is easy for people who live in walkable neighborhoods where the real estate prices are astronomical to look down their noses at the 99 percent who spend money they don’t have on cars, but for most people, cars are not merely a status symbol. People depend on their cars for their commute to… Read More »
Montgomery County Electrician Accused Of Defrauding Dozens Of Customers In Six Pennsylvania Counties
The COVID-19 pandemic coincided with a business boom for home improvement contractors. People were stuck at home for months, and homeowners had time to notice all the things in their houses that needed repair; anything that was beyond the homeowner’s DIY skills resulted in a call to a contractor. Besides, during the lockdown of… Read More »
Is It Good News Or Bad News That Less Medical Debt Is Showing Up On Consumers’ Credit Reports?
Finally, a piece of good news about consumer finances after a yearslong onslaught of gloom and doom. More than half of American households have $400 or less in savings, which means that the only way they could afford an emergency expense in that amount is by borrowing money or charging it on a credit… Read More »
Does The Cash Diet Method Of Debt Repayment Really Work?
If you are no longer new to adulthood, it is hard not to smile when young people find out about the trends that were popular in their youth and think that they were the first to discover them. Most of the latest fads on social media aren’t new at all; they are just being… Read More »
Credit Counseling In Pennsylvania Bankruptcy Cases
If you have been struggling with debt for years, then filing for bankruptcy protection is a reasonable and admirable New Year’s resolution. Even though the court aims to make the process of filing for bankruptcy as accessible as possible, it is not as simple as submitting a form and instantly watching your debts disappear. … Read More »
Odometer Fraud Is On The Rise In Pennsylvania And Elsewhere
In certain parts of Miami, Los Angeles, and New York City, most of the people you see are considerably older than they look. Just as the phenomenon of people drinking from the artificial Fountain of Youth is concentrated in certain areas of the country, so is the phenomenon of vehicles lying about their age. … Read More »
What If That Freebie Is Really A Loan With A 1,000 Percent Interest Rate?
If you bought your house a decade or more ago and are still current or mortgage payments, this is a source of pride and security, even as all your other financial circumstances come crashing down. The past few years have shown us how financially vulnerable all except the wealthiest Americans are; even the upper… Read More »
Debt Consolidation Can Help You Break Free From Predatory Loans
If you have made a New Year’s resolution to reduce your debt this year, you have probably been researching strategies for accomplishing this. Most of what shows up at the top of the list of Google search results will tell you to increase your income and reduce your expenses. While this is sound advice,… Read More »
Does It Matter Which Day Of The Month You Make Credit Card Payments?
If you are wondering about the best way to pay down your credit card debt, you should be grateful, because it means that you either have enough income each month to pay down debts, or you have a specific plan for how to get enough income to do that. You might have been looking… Read More »
Is It Safe To Buy A Salvage Title Or Rebuilt Title Car?
Only the wealthiest people and those with the best credit can afford to buy new cars, so if you are in the market to buy a car, you will probably end up with a used one. “Used car” is a vague term, however, covering everything from a shiny, certified pre-owned vehicle to a jalopy… Read More »
