How to manage debt and deal with debt collectors
How to manage debt and deal with debt collectors The COVID-19 pandemic is making the holiday season even more stressful. At a time when people are struggling to make ends meet, how do you put gifts under the tree without driving yourself into debt? Dan Geltrude, CPA and founder of Geltrude & Company, joins CBSN to discuss how to better manage your debt.cbsnews.com
For some, credit cards are a major part of tax season, survey finds
Tax season and credit cards seem to go hand-in-hand like peanut butter and jelly, at least if you believe the findings of a recent study conducted by Credit Card Insider. Using SurveyMonkey to conduct an online survey of 3,114 adults from Feb. 3-5, Credit Card Insider found out the following information when it comes to how important credit cards are for people during tax season. 14% of respondents who expected to owe this year planned on using a credit card to pay their taxes. Of those expecting a tax refund, 40% had credit card debt. 75% of those with debt plan to use their tax refund toward paying it off.
Student debt relief scams on the rise
The student loan numbers are staggering: 40 million borrowers with more than $1.2 trillion in outstanding debt. That’s an average student loan balance of $29,000. Yahoo finance senior columnist Michael Santoli joins “CBS This Morning: Saturday” to discuss how the debt is attracting scam artists.cbsnews.com