Financial News

You can actually save money if you use credit cards in the right way. Consolidated Credit President Gary Herman offers his advice on how to use credit to avoid problems with debt and support a health financial outlook.

  1. Ask the Expert: Smart Ways to Use Credit Cards

    Ask the Expert: Smart Ways to Use Credit Cards You can actually save money if you use credit cards in the right way. Consolidated Credit President Gary Herman offers his advice on how to use credit to avoid problems with debt and support a health financial outlook.

  2. Ask the Expert: Are Store Credit Cards a Good Idea?

    Ask the Expert: Are Store Credit Cards a Good Idea? The rewards and incentives offered at checkout can make store credit seem like a smart move, but with high interest rates and hidden contract terms you have to be careful when it comes to using in-store credit card lines. President Gary Herman explains how to use them strategically.

  3. Ask the Expert: What Happens After Account Payoff?

    Ask the Expert: What Happens After Account Payoff? The payments you make on a debt management program are divided amongst your creditors to eliminate your debt, but what happens once you finish paying off one of your accounts? Consolidated Credit President Gary Herman explains how the program works once your accounts start to get paid off.

  4. Ask the Expert: Can I Add Cards to My Program?

    Ask the Expert: Can I Add Cards to My Program? A client wants to know if it’s possible to add credit cards to an existing debt management program. Consolidated Credit President Gary Herman explains how accounts can be added after the fact and what needs to happen if you want to leave cards off in the first place.

  5. Credit Cards 201: Using Credit the Right Way

    Credit Cards 201: Using Credit the Right Way Learning how to use credit cards correctly can help you save money and earn valuable rewards without risking debt problems. Consolidated Credit President Gary Herman explains how to be smart about how you use credit.

  6. Using the BBB to Find a Reputable Credit Counseling Service

    Using the BBB to Find a Reputable Credit Counseling Service Dealing with debt problems is bad enough without getting scammed by a disreputable service provider. Brodie White – Former President of the South Florida Better Business Bureau talks to us about how to use the BBB to avoid fraudulent financial services.

  7. Down Payment Tips for First-Time Homebuyers

    Down Payment Tips for First-Time Homebuyers Consolidated Credit Housing Director Joseph Cvelbar helps you make the jump from renting to owning with important tips on how to overcome the challenges of generating the down payment you need to qualify for a mortgage.

  8. Ask the Expert: Who Do I Owe on a Debt Management Program?

    Ask the Expert: Who Do I Owe on a Debt Management Program? In this Ask the Expert, President Gary Herman explains how you still owe your debts to the original creditors even after you enroll in a debt management program to help you understand how the program works.

  9. Ask the Expert: Counseling for Debt Collections

    Ask the Expert: Counseling for Debt Collections President Gary Herman helps you understand how credit counseling may be able to help with debts that have been moved to a charge-off status – even if those debts have already been sold to a third-party collector.

  10. Ask the Expert: Spouses in Credit Counseling

    Ask the Expert: Spouses in Credit Counseling President Gary Herman explains when a husband and wife would be required to enroll in a debt management program together and when they can enroll individually if one person wants to enroll without the other.

  11. Need a “Debt Doctor” for a Checkup? | Consolidated Credit

    Need a “Debt Doctor” for a Checkup? | Consolidated Credit Want to improve your finances in 2015? President Gary Herman explains you may need a checkup with a “debt doctor” – better known as a credit counselor.

  12. Setting Goals to Really Save Money | Consolidated Credit

    Setting Goals to Really Save Money | Consolidated Credit President Gary Herman talks to Money Talks News about how consumers can develop – and actually implement – and effective savings plan for this year.

  13. Simple System To Destroy Debt

    Simple System To Destroy Debt From Money Talks News. Gary Herman, President, talks about your credit report, and its role in eliminating debt. More information available at: http://www.consolidatedcredit.org/credit-counseling/debt-advice/

  14. Merging Finances for Better or Worse

    Merging Finances for Better or Worse Marriage is a merger of lives and money, so make sure to pick the right money mate. April Lewis-Parks from Consolidated Credit Counseling Services ( http://www.consolidatedcredit.org ) discusses potential credit and debt problems that can happen and how to deal with merging finances.

  15. United Way Partners with Consolidated Credit to Provide Debt Help

    United Way Partners with Consolidated Credit to Provide Debt Help When drowning in debt, it's important for consumers to reach out and get debt help. Kathleen Cannon, CEO of the United Way of Broward County, discusses how their partnership with Consolidated Credit Counseling Services (http://www.consolidatedcredit.org ) will help them provide financial education and tools to consumers.

  16. Resolutions 2014: Simple Strategies to Build Your Savings

    Resolutions 2014: Simple Strategies to Build Your Savings If your New Year's resolutions included putting more money in the bank in 2014, we can show you how to make it easy.
WalletHub map showing the cost of debt repayment nationwide

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Posted on | by Meghan Alard
Another interest rate hike by the Federal Reserve means that the cost of debt for consumers just got higher again. WalletHub has revised their map of cities with the most and least sustainable credit card balances. Can you still afford to pay off your debt in a cost-effective way or do you need debt relief?..Read full article
Are you credit smart? Take Consolidated Credit's self-assessment test!

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Posted on | by April Lewis-Parks
It’s National Financial Literacy Month, which makes it the perfect time to find a range of free financial education resources. But what resources do you need? Consolidated Credit has a simple 7-question Credit Smart test so you can test your knowledge and determine what you don’t know...Read full article
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Is Mobile Banking Better?

Posted on | by Meghan Alard
Millennials are the first to jump on new technology that makes their lives easier, but a new survey finds they also may be the first to dump tech that doesn’t perform like they expect. This survey shows the problems with our current mobile banking experience...Read full article

Press Inquiries

April Lewis-Parks
Director of Education and Public Relations

AParks@consolidatedcredit.org
1-800-728-3632 x 9344