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      February 18, 2019

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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.


More REITs; outside studies of Hawaii

All cities included from Hawaii are CDPs and are statistically comparable to ... Due to government spending, taxation policies and the proportion of the workforce locked up in government and/or union ...

Published:  Thu, 14 Feb 2019 16:12:00 GMT

Research & Commentary: Regressive Carbon-Dioxide Tax Proposals Are Bad News for Hawaii Families and Businesses

Multiple Proposals Introduced Ranging From $6.25 Per Ton To $55 Per Ton Multiple proposals in the Hawaii State Legislature would establish carbon-dioxide taxes on all fossil fuels emitted or sold by d...

Published:  Mon, 11 Feb 2019 09:23:00 GMT

Judge denies Hawaii's move to get Airbnb host records

Hawaii First Circuit Court Judge James Ashford said the state did not sufficiently show that Airbnb users may have failed to comply with tax laws. In addition, the state did not establish that the inf...

Published:  Thu, 07 Feb 2019 15:15:00 GMT

Should Hawaii Tax Carbon Emissions To Combat Climate Change

Several measures in the Legislature give the public a chance to weigh in on what could be a sweeping environmental policy reform. As the effects of climate change become more real, Hawaii lawmakers ar...

Published:  Mon, 11 Feb 2019 02:04:00 GMT

VIDEO: Hawaii County Considers Another Tax Increase

HILO, Hawaiʻi - A new bill before the Hawaiʻi County Council would increase the General Excise Tax surcharge collected by the county another quarter percent . (BIVN) - Hawaiʻi County officials are onc...

Published:  Mon, 04 Feb 2019 19:38:00 GMT

Talks of raising the general excise tax continue on Hawaii Island

Bill 19 would increase the county's GET surcharge from .25%, to .5% starting on January 1st, 2020. It expects to generate an estimated $50 million per year for the next 10 years -- but some committee ...

Published:  Wed, 06 Feb 2019 09:37:00 GMT

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