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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

  When you have debt, rising inflation and high credit card interest rates can only make paying that debt off harder. As of the end of March, inflation had risen to 3.5%, while credit card interest rates continued to be high at 24.66% as of April. But rising costs make paying off debt even more

Like many people, if you’re struggling with debt, you might struggle to decide how to get out of it. Two options to consider are a debt management plan (DMP) or debt settlement. However, debt settlement is risky, and you’re more likely to pay off your debt without damaging your credit score with a debt management

If you have debt to pay off in the new year, knowing your options for repayment is important to make the right decision. Debt consolidation loans and debt management programs (DMP) are both designed to make it easier to pay off your debt. However, it’s important to consider the differences between the two options and