Personal Finance Expert & Debt Counseling
No retreat, no surrender. Howard S. Dvorkin lives by those words. They come from his favorite musical artist, Bruce Springsteen. That’s how he approaches all his endeavors: entrepreneurship, two-time author, personal finance expert, community service champion and Chairman of Debt.com.
Howard is one of the most highly regarded debt and credit expert in the United States and has played an instrumental role in drafting both State and Federal Legislation. He is a former consultant to the Board of Directors for the Association of Credit Counseling Professionals (ACCPros) and is the past president of the Association of Independent Consumer Credit Counseling Agencies (AICCCA).
Howard’s success in the financial industry has allowed him to be interviewed by countless media outlets over the years including The New York Times, Fortune, Entrepreneur, The American Banker, Investor’s Business Daily, and virtually every national and local newspaper in the country. He has also appeared as a finance expert on national and local television and radio programs, including the CBS Nightly News, ABC World News Tonight, The Early Show, Fox News, and CNN.
Sunny days inevitably lead to rainy ones. Don't panic about a recession — plan!
How much you owe compared with your credit limits -- your credit utilization ratio -- accounts for 30% of your FICO score. Here's what you should know about credit utilization and how it impacts your credit score. What Is Credit Utilization?
Think of recession-proofing your life like you would hurricane-proof your home. If a storm is days away, and I ask you where the hurricane shutters are, the worst answer you could give me is, 'I think I have some in the garage, but maybe I need to buy some more.’ By then, it’s too late, and any exposed window could spell doom. Recessions work the same way, except their devastation can last months and linger for years.
Credit utilization is the amount of credit you're using relative to the total credit line you have available.