Author Archives: Jay Butchko
Harrisburg Couple Face Criminal Charges for Defrauding Consumers Through Online Vehicle Sales
Despite legal regulations that aim to prevent it, fraud is always a possibility when you buy a used car. Car dealerships that sell used vehicles sometimes go out of their way to live down the sleazy image that had attached itself to the profession of used car sales. You can tell that a car… Read More »
Consumer Financial Protection Bureau Orders Wells Fargo Bank To Pay Billions To Customers Whose Loans It Mismanaged
Almost everyone who can afford to own a house or a car has a home mortgage or a car loan. Most of us don’t read the fine print when we sign to take out these loans. It would seem that the lenders also do not always read the fine print, at least given the… Read More »
Fewer Surprises And Negative Remarks On Credit Reports, But Still A Mountain Of Medical Debt
When it comes to healthcare in the United States, good news is hard to find. Three years into the pandemic, Americans’ life expectancy has started getting lower for the first time in decades. COVID, gun violence, and drug overdoses are just some of the causes of untimely death. Of course, as long as you… Read More »
Columbia County Home Builder Accused Of Financial Crimes After Abruptly Closing Business
Building a house from the ground up is a major investment of time and money, even when everything goes according to plan. If you embark on a project to build a house as a celebration of your prosperity, then even in the best of circumstances, by the time the house is finished, you will… Read More »
Pennsylvania Homeowners Can Still Get Mortgage Assistance If They Are Still Struggling With The Fallout From the Pandemic
Amidst the turmoil, the pandemic brought glimpses of what life would be like if slightly more public funds were available to help struggling individuals and families afford necessities. Many states used federal funds to expand public benefit programs and offer rent relief. Several years later, millions of Americans continue to face economic uncertainty. In… Read More »
How To Borrow Money If You Can’t Qualify For A Personal Loan
One of the first signs that you are in serious financial trouble is that notices start arriving in the mail, offering you personal loans, claiming that you are pre-qualified for amounts approximately equal to half of your annual income. The cruel irony is that, if you try to apply for those loans, they will… Read More »
Borrowers Under 40 Are Experiencing An Increase In Delinquency On Car Loans And Credit Card Payments
Debt is a unifying factor for Americans, regardless of age and income level. The total debt burden of the United States population in the last quarter of 2022 was approximately $16.9 trillion, the highest it has been in history. In fact, household debt hit a record in the second quarter of 2020 and has… Read More »
What Happens To Your Personal Credit Score If Your Business Files For Bankruptcy?
Walking away from a business venture after you have invested so much hard work in it, but sometimes closing a company is the only way to stop the financial losses you have incurred from an unsuccessful business project from getting worse. Filing for bankruptcy protection can be an effective way to make a clean… Read More »
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 »
