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If you are considering debt consolidation, you are not alone. According to the Federal Reserve Bank of New York, household debt in the U.S. increased by more than $7,000 from 2020 to 2022. Many individuals have since started turning to debt consolidation apps and other credit relief options for help. Better Business Bureau recently released an investigative report on debt consolidation and credit repair companies. At the time of the report’s publication, BBB had received more than 11,000 complaints and nearly 900 negative reviews about debt a...
Millions of Americans are in debt, but debt relief companies have their own issues. American consumers hold more than $16 trillion of debt in the form of mortgages, credit cards, personal lines of credit, home equity lines of credit, student loans and personal loans. When emergencies strike or monthly paychecks don’t always cover bills, countless credit repair and debt relief companies offer to help. However, our Better Business Bureau team has received over 11,000 complaints and almost 900 negative reports about debt and credit assistance. T...
Airlines are seeing international travel peak this summer with families feeling comfortable traveling internationally with the COVID pandemic slowing down. Many countries have reopened in 2023, including the tourist hot spot of Japan. With these compounding factors, the U.S. State Department is experiencing a higher demand for passports which is causing delays and heartache for would-be travelers. As with anything in high demand, someone will find a way to take advantage. What’s led to this influx in passport applications? During the COVID p...
