Filing for bankruptcy is a heavy decision to make. Consider these aspects of the process and whether an alternative solution may be better.
Your free credit report is a compilation of information about your financial history. The three bureaus, TransUnion, Equifax, and Experian, gather information about your accounts, available credit, credit usage, payment history, and the like. The bureaus take this information and give you your credit score, which lenders use to determine how much you can borrow … Continue reading 3 Reasons To Review Your Free Credit Report Right Now
Every day, thousands of Americans are harassed by collectors looking to get paid. These agents abuse debtors by threatening them, verbally and emotionally abusing them, and harassing them throughout their daily lives. Fortunately, the Fair Debt Collection Practices Act is your friend and is here to help. But to use this tool, you need to … Continue reading Your Rights Under the Fair Debt Collection Practices Act
Guest post from Linda Richardson. Hello there! I hope that amid the craziness of the COVID world you and your family are making it through! Our economies are gradually starting to reopen and people are returning to work, but something that may be on many people’s minds is how to pay back significant medical bills … Continue reading Managing Your Debt When Medical Bills Are A Large Portion of It
Let's face it folks: no matter who you are, it's easy to see that the student loan situation is simply out of control. (Well, unless you're Sallie Mae or Navient). With all the student loan propaganda thrown our way, it's no wonder so many people believe that student loans are the only way to pay … Continue reading Student Loans Are The Only Way to Pay for College?
It's a common question that a lot of folks ask when they hear about the idea of working with a coach: " Why should I pay someone when I can’t even make payments on some of our debts?" It often seems illogical to add what may seem like "another payment" to your budget. But a … Continue reading “We Used a Coach…My Cousin Didn’t” – Life With and Without A Coach
When working your way out of debt, life doesn't simply just stop and wait for you to complete the process. It will still continue on and often throw extra curveballs along the way, almost as if its goal is to take you off track from your goals. One of those curveballs is frequently the threat … Continue reading “HELP! I’m Paying Off Debt But May Be Laid Off Soon…”
I'm very much an advocate of getting out of debt, you're probably aware of that if you've browsed my site. I thoroughly believe in paying off our creditors and freeing ourselves from the bondage that debt brings. Nearly all of the debt in our lives comes from the choices that we made. But one debt … Continue reading Resurrection Sunday: Our Biggest Debt Is One We Could Never Pay
Americans appear to have a love affair with credit cards. We as a society seem to just love racking up debt to big banks, sending our money back to them with loads of interest, then having complaining about not having enough money at the end of the month. And it's coming to haunt us. A … Continue reading U.S. Credit Card Debt Hits A Staggering New Record
In Chris Hogan's recently published book Everyday Millionaires, he wrote about some really fascinating statistics on typical American millionaires. The truth is far from media portrayals. Few millionaires ever hold an executive position, nor are many of them celebrities or professional athletes. Most simply worked hard over their entire lives, stayed out of debt, and invested … Continue reading Millionaire Mindset: 97% of Them Believe This And It Makes ALL The Difference