Van Hoven & Associates, PLLC

11/14/2025

https://www.propublica.org/article/flex-loans-tennessee-advance-financial?utm_campaign=propublica-sprout&utm_content=1763014975&utm_medium=social&utm_source=facebook&fbclid=IwY2xjawOEDHNleHRuA2FlbQIxMABicmlkETFuaDlNUVhUcDFYTkQ1bFprc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHrhm85bYcYHT3WhCWHqSXfOrIvzLqLBbQ1bUTM6OLYuMF8r7itHwDjnSS209_aem_whFUM6v8856pMwtrGNKccA

The Flex Loan, a type of payday loan pioneered by Advance Financial, has burdened low-income borrowers while generating huge profits for lenders. Tennessee lawmakers declined to rein in the lending business, even as other states did.

07/31/2025

https://www.foxbusiness.com/economy/us-credit-card-defaults-soar-highest-level-14-years?fbclid=IwY2xjawL4cd9leHRuA2FlbQIxMQABHoH9GSWV03QF6G61XlcafnsDwj28TINaPBK0OtNqEnfpo6ViOPXPDkB3pZyc_aem_4RjvGQwrcfrI0cSBAkUgrA

Defaults on credit card loans soared 50% in 2024 to the highest since 2010 according to a new report, causing experts to warn the "debt bubble is popping."

04/30/2025

https://www.newsweek.com/number-americans-using-loans-groceries-soars-2065706?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook&fbclid=IwY2xjawJ-Y6JleHRuA2FlbQIxMQBicmlkETF4R3RtNENpWlhkWWZYWmNMAR7Irxx1X3Swyv5vt3UK295u4NVNjN6VYNYUKyb-Fp6gfM20JBh-JnFCpg_CNw_aem_YbGKq2fDngEMja_S800KAA =1745954742

A quarter of "buy now, pay later" users admit to having used the short-term financing option to cover essential expenses.

04/28/2025

https://www.cnbc.com/2025/04/26/americans-groceries-buy-now-pay-later-loans.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToFacebook&fbclid=IwY2xjawJ8WbNleHRuA2FlbQIxMQBicmlkETFrU0NLSnl5dDdVRm9Lb3dmAR4nfPV_vep1-gIu4jClmu9SYOfHNiBQEe7_c3ggSNi4DYVjKY7xx04zabBKNA_aem_s3WOHLCM2X_qPUKwlX2w5g

Consumers are using buy now, pay later plans to pay for essentials such as groceries, as concerns around the economy grow.

02/14/2025

https://abcnews.go.com/Business/americans-credit-card-debt-reaches-new-record-high/story?id=118788620&fbclid=IwY2xjawIcWStleHRuA2FlbQIxMQABHQjg05q51VTpPv8Z4u_XVgf28AqllMMj9VJmlmidSmSdYhPcsNm0xtOj6g_aem_gIDXbRmH-GiDWllZxEi4zw

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.

01/07/2025

https://www.facebook.com/photo/?fbid=566833016150528&set=a.146701331497034

Taylor Made Re-Entry is thrilled to partner with Linc Up and Kent County Friend of the Court, and Safe & Just Michigan for another impactful Expungement Fair! We’re bringing essential resources to the heart of the community, ensuring that your record won’t hold you back from achieving success.

Most importantly, this is an Arrest-Free Zone!

✅ No arrests will be made.
✅ No law enforcement will be present.

11/21/2024

https://www.nytimes.com/2024/11/09/business/bankruptcy-debt-chapter-7.html?smid=url-share

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.

11/15/2024

Individuals in financial distress are common targets for scammers. A scam operator calling itself the “Bankruptcy Fraud Watchdog Group” has recently set its sights on consumer debtors, sending letters falsely accusing debtors of failing to disclose assets in their bankruptcy cases. These letters threaten referrals to “the United States Bankruptcy Trustee” for fraud unless the debtors promptly pay “a one-time amnesty fine” of $450 in Bitcoin via a QR code to avoid “further legal consequences.” They also falsely state that debtors who share the letters with their attorneys will face “immediate referral for criminal prosecution.”

As the actual watchdog of the bankruptcy system, the U.S. Trustee Program (USTP) identifies and helps investigate allegations of fraud or abuse, including schemes exploiting vulnerable consumers in bankruptcy. Accordingly, debtors should report contacts from the so-called “Bankruptcy Fraud Watchdog Group” or other suspicious communications to the USTP’s bankruptcy fraud hotline or to their local U.S. Trustee office.

Consumer debtors can help protect themselves by looking out for common signs of schemes. For more information on these telltale signs and how to avoid falling victim to a scam, visit the websites of the Federal Bureau of Investigation and the Federal Trade Commission.

07/08/2024

05/16/2024

Credit card delinquencies are on the rise, as research from the New York Federal Reserve shows nearly a fifth of borrowers are “maxed-out.” According the new report, issued by the bank’s Center for…

04/28/2024

https://www.buzzfeed.com/meganeliscomb/frugal-habits-people-love-gd

"It was way easier and more enjoyable than expected."