Lexington Law App Named Gold Award Winner in 2018 dotCOMM Awards

Gold Award Winner in dotCOMM Awards

On July 18th the dotCOMM Awards announced that the Lexington Law App won a Gold award. Lexington Law, and other early deadline winners in the 2018 international awards competition, were  honored for their excellence in web creativity and digital communication.

arrow Read this post

How Will the Removal of Credit Card Price Protection Affect You?

credit card price protection

If you are an avid shopping enthusiast, you may be familiar with the terms “price adjustment” and “price match.” A price adjustment can occur when a retailer lowers the price of an item after the buyer already paid for it at the original price. The buyer can ask the retailer to refund the difference between the original price that they paid for the item and the recently adjusted price. A price match occurs when a retailer offers to match the price of an item to reflect the lowest price advertised by another retailer.

arrow Read this post

Credit Trends of Each Generation

Credit Trends

The effect of generational gaps is far more significant than mere music taste or avocado preferences. The American economic landscape is in a constant state of flux, and as a result, the financial divide between individuals and their parents, or even their grandparents, is growing.

arrow Read this post

Should Millennials Buy Property?

Millennials Buy Property

It has been 10 years since the real estate market crash of 2008, and the market has never fully returned to its pre-crash glory. Home ownership was at an all-time high in 2004, just four years before the worst economic recession since the Great Depression, to which a volatile real estate market contributed. The oldest among the millennial crowd were only moderately affected by the real estate bubble, as many of them were not financially prepared for home ownership at the time of the recession anyway.

arrow Read this post

2018 Credit Card Debt Statistics in the U.S.


In December 2017 America owed a total of $834 billion in credit card debt alone — a 7 percent rise from 2016. When other sources of revolving consumer credit are included Americans owe a total of $1.027 trillion as of March of 2018. The outstanding revolving consumer credit is growing at a staggering rate and has surpassed revolving credit owed during the 2008 Great Recession.

Luckily, credit card default rates are down from the 6.7 percent peak during the Great Recession, but a large amount of revolving debt is not a good sign for the future. As 48 percent of credit card users make minimum payments on their credit cards and have an amount roll over to the next month, their total credit debt will become hard to pay off.

arrow Read this post