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      November 15, 2018

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Debt Consolidation in Texas

Texas MapFamous for its BBQs, chillies and hot weather amongst a great deal more, Texas is also a place of excellent economic growth and overall financial stability. However, as is the case all over America, no state is completely free from debt and most Texan households maintain some degree of debt throughout their lives. This debt is typically made up of a combination of different forms including credit card, student loans and mortgage.

Debt affects different people in different ways and most individuals and households are able to manage their finances successfully using different methods and strategies such as debt consolidation to simplify affairs. In Texas one of the most offending contributions to personal debt is credit card borrowing. Although the figures and statistics vary according to different sources, there is an overall agreement that credit card debt in Texas is slightly less than the national average.

The Gross State Product (GSP) of Texas is the second highest in America and is in fact larger than the GDP of most countries. The state economy is thriving with many factors contributing to its growing success. It's full of natural resources, has huge areas of land, flourishing cities and world-class institutes of education, all of which help the region to prosper.

While the residents certainly benefit from this with unemployment rates as low as 6.4% and average income of $36,484, it doesn?t make them immune from debt. Rather Texans continue to borrow, choosing to opt for personal loans, auto loans and mortgages all of which add up to some significant sums. Debt consolidation remains a popular way to reduce monthly payments and begin to reduce the total amount owed.


Bill filing for 2019 session begins with legislation on marijuana, taxes and daylight saving time

Bob Daemmrich for The Texas Tribune The Texas Legislature's newest incoming ... Terry Canales, D-Edinburg, the bill would exempt college textbooks from sales taxes during one week in August and one we...

Published:  Mon, 12 Nov 2018 09:46:00 GMT

Still not enough votes for Kimberly-Clark tax break bill

Scott Walker and others. Company vice president John Deitrich testified that the tax incentive bill was a "game changer" and that if it were passed, the company would keep the plant open and instead c...

Published:  Wed, 14 Nov 2018 14:47:00 GMT

Will voters approve higher taxes for Dallas schools

Who's behind the push for school tax increases in North Texas She pointed to new efforts adopted by the district in the past year to address parity, including the creation of the Racial Equity Office ...

Published:  Mon, 05 Nov 2018 15:07:00 GMT

California exodus to Texas raises fears of worsening traffic, higher taxes

The prospect that even more people living in the San Francisco Bay Area will decide to move to Texas is triggering concern, at least among Texans, that the Lone Star State is destined to become Califo...

Published:  Thu, 08 Nov 2018 11:25:00 GMT

Physical Presence Standard Still Applies for Texas Franchise Tax After Wayfair

The Texas Comptroller of Public Accounts recently ruled that the physical presence nexus standard continues to apply for the Texas Franchise Tax, even after South Dakota v. Wayfair, Inc., 585 U.S. ___ ...

Published:  Mon, 12 Nov 2018 16:38:00 GMT

Occupy and pay taxes on land, and it could become yours

A: The attorney was correct that adverse possession exists in Texas. However, the number of years was a little ... and also has been paying the property taxes. There is a 10-year period if a person ha...

Published:  Fri, 02 Nov 2018 10:08:00 GMT

Dallas Area Rapid Transit, TX -- Moody's assigns P-1 to Dallas Area Rapid Transit (TX) Senior Subordinate Lien Sales Tax Revenue CP Notes, Series IIA

READ NOW: A ruling is imminent on the legality of a controversial drug that's used to treat addiction - but some have called it a "˜dangerous opioid' »

Published:  Tue, 13 Nov 2018 13:03:00 GMT

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