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Debt Consolidation in Hawaii

Hawaii MapHawaii, or the “Aloha State” provides a full-time home for well over a 1,000,000 residents. While the income of those citizens is approximately 22% greater than the national average, the cost of living and average amount of debt per household is much higher.

The recent downturn in the U.S. economy had a significant impact on Hawaii residents and their jobs. With the majority of Hawaii’s employment in the hospitality and tourism fields, the financial hit resulted in many lost jobs and careers for residents. Several debt consolidation companies work with Hawaii residents to help them improve their financial outlook.

During the recession, many residents relied on credit cards and loans to make ends meet. However, in recent times several Hawaiian Islands are now seeing an increase in tourism and money back in the pockets of businesses and their employees. The result is that many people are now working again but are left with debt that they can’t pay off. The idea of planning for the future is bleak for those that are only able to make the minimum payments each month.

Hawaii follows the federal laws dealing with collection agencies that are known as the Fair Debt Collection Practices Act. A number of debt consolidation companies exist today that are familiar with those practices and how they apply to Hawaii residents that are looking to improve their financial future. Debt consolidation is one option to minimize credit card balances and lower monthly obligations.

 

Luke, Perreira join Hawaiian Tax-Free Trust board

Hawaii Tax-Free Trust said the retiring trustees will continue to serve, along with the new trustees and other members of the board, until late 2019. Hawaiian Tax-Free Trust invests in tax-exempt muni...

Published:  Tue, 18 Sep 2018 12:00:00 GMT



Trio of new reports show pattern of high taxation in Pennsylvania

When it comes to sales tax, that was where Pennsylvania fared best, landing at 29th-highest with $799 per capita. Hawaii was highest at $2,244 per person, while five states - Alaska, Delaware, Montana ...

Published:  Thu, 20 Sep 2018 04:51:00 GMT



State tax deduction cap in Tax Reform 2.0 could affect Hawaii homeowners

House Republicans moved one step closer Thursday to advancing what they call Tax Reform 2.0. But Democrats on the committee tasked with reviewing the plan are fighting back against one of its key prov...

Published:  Thu, 13 Sep 2018 14:19:00 GMT



Here's A List Of Every City In The US To Ban Plastic Bags, Will Your City Be Next

15-cent tax on reusable plastic bags, and ban on all plastic bags by 2020 OAHU HI Ban on plastic bags HAWAII COUNTY HI County-wide ban on plastic bags HONOLULU HI City-wide ban on plastic bags MAUI CO...

Published:  Thu, 20 Sep 2018 10:20:00 GMT



In Tax-Free States, Businesses Squirm At Collecting Online Sales Taxes For Others

Dennis Daugaard signed the measure earlier this month. But in five states - Hawaii, Maine, Mississippi, Oklahoma, and Vermont - collections have already begun, according to the Sales Tax Institute, a ...

Published:  Mon, 17 Sep 2018 08:08:00 GMT



Japan Airlines generated $8.6M in Hawaii tax revenues in its first year

In its first year of service between Tokyo and Kailua-Kona, Japan Airlines' daily flights were responsible for injecting $73.49 million in visitor spending into the Big Island, generating $8.58 millio...

Published:  Mon, 17 Sep 2018 11:13:00 GMT



Hawaii Judge Refuses to Block Tax Investment Ballot Question

HONOLULU (AP) - A judge has ruled against a motion by Hawaii's four counties to block November ballots from asking voters if they want to amend the Hawaii Constitution to allow the state to tax invest...

Published:  Sun, 09 Sep 2018 11:42:00 GMT



Opposition rises to tax proposal

The proposed amendment is drawing ire from both Hawaii's business community and all four counties because they say the tax would increase the already high cost of living across the state and set a pre...

Published:  Fri, 14 Sep 2018 03:05:00 GMT



Education tax discussion planned in Hilo

Doors will open at 4 p.m. This public event is open to the community free of charge. Panelists will include Lisa Miura, administrator, County of Hawaii Real Property Tax Division; state Sen. Gil Rivie...

Published:  Sat, 15 Sep 2018 03:25:00 GMT



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