As the price of everything from groceries to health care rises, seniors are living with more debt than ever before. Despite this troubling issue, older adults don’t have many options for debt forgiveness. But they generally have a few more options for debt relief than younger Americans. If you’re a senior who needs debt assistance, […]
Debt Forgiveness for Seniors: Get the Help You Need Read More »
If you have a debt that’s gone unpaid for a while, the original creditor might sell that debt to a collection agency. While your creditors might have had better things to do than bother you about your debt, debt collectors exist to chase down people who owe. Debt collectors can be pretty persistent. After all,
How to Deal With Debt Collectors (When You Just Can’t Pay) Read More »
For borrowers struggling with debt and poor credit, you might check your credit report and note that an account has been “charged off.” But what does that mean? Should you still pay it, and what are your options to try to protect your credit score? While the simplest way to get it removed is to
Got a Charge Off on Your Credit Report? What It Means and How to Remove It Read More »
Credit cards are a convenient way to finance everyday items, pay bills, and splurge, but they can also be expensive. At the end of 2021, the average person owed $5,221 in credit card debt. If you’re struggling to make your monthly credit card payments, a balance transfer credit card could help. These cards usually offer
Top 12 Balance Transfer Credit Cards for Debt Consolidation in 2023 Read More »
You don’t need to have $50,000 in credit card debt to know you’re in trouble. There are some telltale signs that it’s probably the right time to seek debt relief. First is when you have no chance of repaying all unsecured debt within five years. Unsecured debt includes credit cards, medical bills, utility bills, and
Credit Card Debt Relief: Here are the 5 Best Options Read More »
According to CNBC.com, the struggling economy, coupled with the highest inflation rates since early 1980, had credit card balances climb to 15% higher than the year before. This is the most significant annual jump in more than 20 years. If you are one of those Americans struggling to keep up with the payments, debt settlement
Debt Settlement: What are the Pros and Cons? Read More »
According to the Kaiser Family Foundation, 65% of Americans say their biggest financial fear is dealing with unexpected medical expenses, whether deductibles, prescription costs or monthly premiums. These fears are well-founded. In 2019, why did most Americans file for bankruptcy? Medical debt. If you’re struggling to pay your medical bills, here’s what you need to know.
Medical Bill Debt Collections Laws: What You Need to Know Read More »
According to the Federal Reserve Bank of New York, Americans’ total credit card balance was estimated at $925 billion in the third quarter of 2022. Almost everyone has some debt. But if your debt is overwhelming, holding you back or causing anxiety or depression, you need to find a solution — fast. Debt settlement could
Is It Better to Settle a Debt or Pay in Full? Read More »
No one wants to hear from a debt collector. Some folks believe there’s an 11-word phrase that forces debt collectors to stop hounding you. Is it true or simply a myth? This 11-word Phrase Won’t Stop Debt Collectors’ Calls “Please cease and desist all calls and contact with me immediately.” If it sounds too good
Will This 11-Word Phrase Actually Stop Debt Collectors From Calling? Read More »
Which are the differences between secured and unsecured debt?
The Difference Between Secured vs. Unsecured Debt: Which Is Better? Read More »
