Debt Management

The ability to build and attain credit gives consumers purchasing power, but it can also be a slippery slope. If you’re like many Americans and your debt has crept up higher than it’s possible for you to pay off, you may be considering bankruptcy. But before making a decision, knowing your options will help you […]

Debt settlement may seem like the perfect option if, like so many other people in this country, you’re suffering from a pile of debt. But while the promise of paying off loans for less than you owe may seem like a good idea, the adage stands true here: If it seems like it’s too good

The U.S. is experiencing economical pains that make budgeting and financial management more important than ever. But even a good budget might not be enough to keep from going deeper in debt as inflation soars and gas prices reach new highs. According to the American Automobile Association, gas prices reached a new high in early March

Being in debt doesn’t synonymously go hand-in-hand with saving money—or does it? If you’re dedicated to debt management, you’ll find that you can actually do both. While paying down debt is always a priority, making sure to put enough money away so that you have an emergency fund is just as important for financial planning.

Medical crises, job loss, large bills, and unexpected hardships can all be reasons for falling into debt. Whether you see it coming or not, it can be challenging trying to get out of debt—especially if you, like many, weren’t taught how to carefully budget earlier in life. If you’re struggling with credit card debt, seeking

Getting out of debt isn’t easy. That’s why there are programs designed to help you move forward. Not all programs are created equally, however, and knowing the difference between debt settlement and debt management is critical—so you can choose the one that’s right for you. Debt Settlement Most experts will agree that opting for a

Did you know that more than 100 million people living in the U.S. today have credit card debt over $1,000? While it depends on your specific financial situation, holding a credit card balance that’s over 30% of your available limit is considered too much debt. And if you have too much debt, then you most likely will

It’s no secret that inflation is high right now. Food, gas, housing, and recreation are just some of the areas where you might have felt it hit your wallet. In 2022, the U.S. experienced the highest inflation rate in 40 years at 8.2%. While the turn of 2023 has seen inflation start to drop, with

One of the hard knocks of life is the burden of debt—especially when it becomes too much to handle. But paying off debt is no easy feat. With the average credit card interest rate at around 22.51% as of July, according to the Credit Card Landscape Report by WalletHub, you might be looking into consolidating

After more than three years, the Department of Education’s student loan forbearance program is coming to an end, with payments resuming in October.  According to Experian, borrowers can expect to pay an average of $200 per month. With credit card interest rates spiking higher than 24% in August, making sure your finances are in order