Archive for the ‘Debt’ Category

  Did you know that there are two different types of debt? Although it’s ideal to pay off as much of your debt as possible, there is such a thing as good debt, in addition to bad debt. Good debt can actually help to improve your credit score, assuming you are always timely with your […]

  If you’re in a lot of credit card debt and want to pay it off, but don’t know where to begin, you might be able to settle that debt for much less than what you owe—even if it’s a significant amount and very old. Even though you can usually expect your credit score to […]

With so many consumers falling deep into debt, it is no surprise that there are so many different reasons that eventually result in someone being far behind on their bills. Although every consumer’s situation is unique, the following are some of the most common reasons that people throughout the country get into debt: Divorce Life […]

  With so many consumers falling deep into debt, it is no surprise that there are so many different reasons that eventually result in someone being far behind on their bills. Although every consumer’s situation is unique, the following are some of the most common reasons that people throughout the country get into debt: No […]

Usually as a last resort, many people will declare bankruptcy in an attempt to resolve debt issues and to begin again with a clean slate. Unfortunately, not all bankruptcy filings go as planned, and there are circumstances in which the court may dismiss them completely, instead of discharging the filer’s debts. Even though dismissals can […]

Have your loan payments gotten to the point where you can’t keep up? Even though you’re making timely minimum payments every month, do you find that it’s challenging to make any sort of progress? The following are some ways to help lessen or get rid of debt: Create a plan Make a list of everything […]

  Whether you’re looking for ways to save money when you pay back your student loans, lower your monthly payments, or pay them off quicker, try some of the following tips: Start with the loan that has the highest interest rate If you plan on getting a head start on paying back your student loans […]

  Whether you’re looking for ways to save money when you pay back your student loans, lower your monthly payments, or pay them off quicker, try some of the following tips: Pick the payment plan that works best for you Everyone has different options available for them when it comes to paying back their student […]

People in a substantial amount of debt often seriously consider bankruptcy. There are various factors, such as the amount of debt they’re in, or the types of debts they’re hoping to discharge, that will help determine which type of bankruptcy they may file. Different types of bankruptcy include: Chapter 7 bankruptcy For someone looking to […]

Have you always wondered what happens to a person’s debt when they pass away? There is no simple answer to this, as laws may vary by state (such as whether or not you live in a community property state), type of debt, and other details. Credit card debt This may be dependent upon whose name […]