Whether a debt is small or big, if it is not managed properly, it can become a headache for anyone. While it is easier to deal with a smaller debt and you can pay it off even if you were a little careless, the case is not the same with a bigger debt. So, how […]

Debt is not something anyone want’s to be in. Unfortunately, it ends up being something that most people face at least once in their life. The amount of household debt combined in America could potentially creep up to over $420 billion this year, a five percent increase from the previous year. Roughly nine percent of […]

The average American has a total credit card debt that exceeds $6,000. The total credit card debt in the U.S. – for the first time ever – has exceeded $1 trillion. Due to this significant amount of debt, there are many people who are searching for viable solutions to not only reduce their total debt, […]

Paying off your credit card can feel like a huge weight has been lifted. After months – or even years – of making repayments and carefully budgeting your finances, your credit card is finally clear, and you can breathe a sigh of relief. But you’re left with one question: what do you do with your […]

Anything owed to another person is considered debt—and that includes understudy loans and car loans. Progressing bills like electricity, water and utilities are not viewed as debt. Those are just variable monthly expenses. The equivalent goes for protection, duties, foodstuffs and childcare costs. Debt hovers like a carrion bird over a dying beast, with yearly […]

Sudden financial shortfalls can happen to anyone, but the most important thing is knowing how to handle them by making the right decision. Not only do you need to take into account the best options which can help you get over that unforeseen payment, but also manage the situations in order not to destabilize your […]

So, what happens when you find yourself in a situation where for some reason you can’t pay off your payday loan? Ever been in that situation or is such a situation staring at you? If so, then this is for you. A payday loan is a short-term loan taken in small amount, $500 or less. […]

Experts agree individuals should avoid using a credit card altogether, keeping just one for emergency situations. Even still, many people prefer the plastic over cash, as well as the buying freedom that it gives them. If you’re one of those people who simply want a credit card in their wallet, it is imperative that you […]

Having heard the term ‘debt consolidation’ regularly via the press and media then surely it must be a sure-fire and legitimate way to get out of debt. After all, all of those television and Internet advertisements can’t be wrong, can they? However, consolidating your debts isn’t always the best answer for everyone. It’s an added […]

Debt is a serious problem for most Americans. From student loans to mortgages to car loans, there’s always some form of debt that we have to go into to make our way through life. But, as debt starts to pile it, it can become unmanageable, especially when you’re dealing with multiple creditors and high interest […]

If you are in debt, you have likely heard the phrase “debt consolidation” in the past. This is a method used to turn multiple old debts into just one. The goal is to create a new debt that has a much lower interest rate than the existing debts you have. This will help to make […]