Debt often seems like a strange, unexplainable creature for many Connecticut consumers. While most people try to avoid taking on too much debt, many find that their balances continue to build until they reach a breaking point. Although it might feel like an impossible...
Month: May 2018
How to manage interest rate hikes after personal bankruptcy
On Behalf of Ambrogio, Pletter & Associates, LLC | May 24, 2018 | Personal Bankruptcy
One of the biggest concerns people have when filing for bankruptcy is how it will affect their credit score. Credit scores can affect many things for individuals in Connecticut, from their ability to rent an apartment to the cost of leasing vehicle. However, a recent...
Many Americans may be struggling with debt management, data shows
On Behalf of Ambrogio, Pletter & Associates, LLC | May 13, 2018 | Debt Management
Many Americans face various types of debt, from mortgages and student loans to outstanding balances on consumer credit cards. New data shows that, collectively, Americans are projected to hold an estimated $4 trillion in consumer debt by the end of this year....
Generation Z has unique outlook on finance and debt management
On Behalf of Ambrogio, Pletter & Associates, LLC | May 7, 2018 | Debt Management
As times change, young people face an increasingly different economy than the generations before them. The newest generation to begin entering adulthood is called Generation Z, and financial experts have identified some beliefs, challenges and strengths this...
Some credit counselors can hurt, not help debt management
On Behalf of Ambrogio, Pletter & Associates, LLC | May 1, 2018 | Debt Management
What should a person do when facing seemingly insurmountable debt? For many Connecticut residents, seeking the advice of a financial adviser or credit counselor is a step in their debt management process. Those looking to bring in a professional should be...
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