Credit card debt can be debilitating for borrowers. What can start as a few purchases here and there can quickly become a mountain of debt that seems hopeless to pay off. Luckily, thousands have been in your position before and have successfully gotten rid of their debt, which means you can too. Continue reading to […]
12 of the Best Ways to Eliminate Credit Card Debt + Become Debt Free for Good Read More »
Retirement is supposed to be the kickoff to your golden years. Sadly, it’s a big worry for many Americans who don’t have enough savings to provide enough money for a comfortable retirement income. According to the Social Security Administration (SSA), about 21% of elderly married couples and about 45% of unmarried persons rely on Social
8 Best Loan Options for Seniors on Social Security (Regardless of Credit Score) Read More »
Personal loans have been rising in the U.S. over the past decade. According to TransUnion, the total outstanding personal loan debt in the United States is $143 billion. What’s the reason for the sudden increase? Debt consolidation. According to one recent study, 39.7% of loan applicants with high credit scores used their personal loans to
Pros and Cons of Debt Consolidation: Is It Worth the Effort? Read More »
Getting a loan when you need one can make a huge difference: the right loan can get you out of a tight place or get you an asset you need. No-credit-check loans can get you those advantages even if you have credit problems or no credit score at all. A no-credit-check loan does not guarantee
Have Poor Credit? 14 Loans With Basically No Credit Check Read More »
The formation of an avalanche is called the Starting Point. They begin slowly and can quickly spiral out of control, making it difficult to escape – just like your personal debt. The hardest part of getting out of debt is finding your starting point. Debt avalanche could be the debt repayment method to keep you
Feeling Crushed by Debt? The Avalanche Method Could Help You Break Free Read More »
Americans racked up more than $180 billion in credit card debt in 2022. If you’re losing sleep over paying your credit card bills or the debt collectors are hounding you, it’s time to get relief. Best Debt Relief Programs Credit Summit researched dozens of debt relief companies and their programs based on customer service, debt
8 Best Debt Relief Companies to Get the Help You Need Read More »
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed in 2020, at the peak of the COVID-19 pandemic. The CARES Act will not forgive your credit card debt or force your credit card issuer to forgive your debt. However, some provisions of the act may provide some relief from credit card debt.
Does the 2020 CARES Act Forgive Credit Card Debt? Read More »
Credit cards and charge cards both let you make a purchase now and pay for it later. There are still important differences between these two types of cards. Let’s look at what those differences are and which card might be best for you. At a Glance: Charge Cards vs. Credit Cards It’s important to note
Charge Cards vs. Credit Cards: What’s the Difference? Read More »
A credit card can be a valuable tool. It can also be a huge financial burden. Credit cards have led millions of Americans into an unsustainable cycle of uncontrolled spending and high-interest debt. If your cards are maxed out, you’re routinely carrying a balance, or you’re using your cards for impulse spending, it’s time to
How to Stop Using Credit Cards: 8 Tips and Tricks to Break the Habit Read More »
Total household debt hit $16.51 trillion in the third quarter of 2022, and $925 billion of that is credit card debt. A LOT of people are struggling and looking for solutions. Debt settlement is one strategy that can help you pay off your debts efficiently without risking your other resources. You could even DIY it
New Era Debt Solutions Review: Pros, Cons, Features, Ratings and More Read More »
