Credit card debt, especially across multiple cards, can be one of the most debilitating forms of debt. Roughly 54% of Americans struggle with credit card debt, damaging their credit scores and leading to financial headaches. But with a solid plan, you can get that debt under control, sometimes without even paying it all. To learn […]
What’s the Best Way to Pay off Multiple Credit Cards? Read More »
Disclaimer: Credit Summit may be affiliated with some of the companies mentioned in this article. Credit Summit may make money from advertisements, or when you contact a company through our platform. Credit card issuers are not likely to offer outright credit card debt forgiveness. They are in business to make money and don’t make money
Credit Card Debt Forgiveness: What You Need to Know Read More »
Disclaimer: Credit Summit may be affiliated with some of the companies mentioned in this article. Credit Summit may make money from advertisements, or when you contact a company through our platform. Being buried in a mountain of debt can lead to anxiety and depression, increasing headaches, affecting sleeping patterns, and impacting a person’s ability to
10 Signs Your Credit Card Debt is Out of Control Read More »
Did you know that one of the main reasons people file for bankruptcy is because they are buried in medical bills? The 2020 SIPP survey suggests Americans’ collective medical debt totaled at least $195 billion in 2019. According to a Forbes report, half of Americans now carry medical debt, up from 46% in 2020. That
Can’t Afford to Pay Your Medical Bills? Here’s What Happens Next Read More »
For the most part, getting married and having a family is one of the many milestones we peg in our lives. And I’m sure many of you have heard the saying, “It takes a village to raise a child,” well, how about “it takes a boatload of money to raise one?” Did you know that,
How Much Does It Cost to Have a Baby? Read More »
It’s no secret that health care in the U.S. is expensive. According to one study, around 46 million Americans (18% of the population) can’t afford to pay their medical bills. If you’re one of them, don’t panic. There are options out there – from nonprofit organizations to more affordable health insurance – that can help.
Medical Debt Relief: How to Get Help Read More »
Student loan debt in 2020 is now $1.56 trillion in the United States, with borrowers on average owing $37,172 in debt. Graduates of the most recent class of students leave college with $29,200 in student loans. Student loan debt is the second largest class of consumer debt, behind mortgage debt. For millions of Americans, higher
Student Loan Debt Statistics – Updated for 2020 Read More »
