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Debt Consolidation in California

California MapCalifornia is the most populated State in our country and their residents know access to beautiful, sunny weather and ocean views equate to a much higher cost of living. As such, Californianís are all too familiar with huge mortgage payments and real estate taxes that, for many, have created a reliance on credit card usage and a growing debt balance. The average homeowner in California owes more than $300,000 on their home and struggles to ever pay down any of their debt. Debt consolidation is one way for consumers to improve their financial picture.

California, also called the Golden State, has the largest economy in the U.S and itís even greater than most countries entire gross domestic product. Manufacturing, vineyards, among other agricultural productions, entertainment and tourism generate trillions of dollars each year. However, Californians were not immune to the recent downturn in the U.S. economy.

This Stateís unemployment rate ranks among the fifth highest in the U.S. Many dual income families have, unfortunately, become single income families in the last several years. For those that have managed to return to the work place their paycheck is likely lower than before, making it harder for individuals and families to turnaround their financial outlook. Saving for retirement and college have taken a back seat for many residents that are living paycheck to paycheck.

Debt consolidation offers one avenue for Californians to reduce their monthly payments, pay off debt and start concentrating on the future. Debt consolidation can also remove a tremendous amount of stress- eliminating the burden of managing too many financial obligations.

 

Millionaires Leaving California Over Taxes Is Nothing New

Many Californians complain about high taxes, and some vote with their feet, moving to no tax states like Nevada, Texas, Washington, or Florida. A recent report says that dozens of millionaires fled Ca...

Published:  Mon, 16 Jul 2018 05:55:00 GMT



These Tax Laws Are Holding Back California's Housing Market

Forty years ago last month, Californians passed Proposition 13, the property-tax limitation that helped spark a national tax revolt. It's still popular. In a March survey by the Public Policy Institut...

Published:  Sun, 15 Jul 2018 09:00:00 GMT



California's property tax laws may have worsened housing crisis

The slew of laws California voters have approved over the years to help homeowners save money on taxes also reward them for keeping their homes off the market. The effects of those measures could have ...

Published:  Mon, 16 Jul 2018 06:00:00 GMT



California banned new soda taxes. Could it happen in Pennsylvania

Laura McCrystal covers everything about taxes, government revenue, and how such policies impact people in Philadelphia and beyond. She previously covered news in Montgomery County, including Bill Cosb...

Published:  Thu, 12 Jul 2018 06:52:00 GMT



California Democratic Party Opposes Repeal of Gas Tax Increase

The board also voted to oppose Proposition 9, which would divide California into three states, Proposition 5, which would change requirements for certain property owners to transfer their property tax ...

Published:  Mon, 16 Jul 2018 08:16:00 GMT



California Estate Tax

California is one of the 38 states that does not have an estate tax. However there are other taxes that may apply to your wealth and property after you die. This guide will tell you everything you nee...

Published:  Tue, 10 Jul 2018 08:20:00 GMT



L.A. County's proposed property tax increase - and how you can stop it

Instead, they're using the water board's requirements as an excuse to invent a new property tax on "impermeable" surfaces. The occasional droughts that are part of California's natural climate cycle p...

Published:  Mon, 16 Jul 2018 09:29:00 GMT



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