The Best Way to Resolve Multiple Credit Card Debt Getting control of your credit card debt would be a huge relief. Multiple credit cards can quickly snowball into more debt than you are prepared to handle, especially with interest rates continuing to stack up that number. The more credit cards in the stack, the harder […]
Your credit report is one of the most important details about your life, in a numerical sense. It is how organizations, businesses, and renters determine your financial stability and is often used to represent your trustworthiness in a numerical world. Your credit score determines if you can get a loan, and the interest rate on […]
7 Common Questions and Answers You Need to Know Debt collectors are teams that pursue the repayment of debts that have gone into collections. These are old debts that are still unpaid, in some cases they have passed beyond the statute of limitations where the debts legally need to be repaid. Some debt collectors can […]
10 Tips to Avoid Debt on Black Friday and Cyber Monday – 2024 Black Friday and Cyber Monday are major shopping events that offer great deals. Many people save up and make plans to shop on these days for holiday gifts and all-year supplies. But there is also a large risk of overspending when you […]
Debt is an everyday struggle for millions of Americans. As of 2023, the average American was carrying $21,800 in personal debt (not including their mortgages). This is a challenge that is hard to overcome. However, the journey has only begun once one gets themselves out of debt. Once that major hurdle is crossed, then the real work […]
What Kinds of Debt Can You Consolidate? Debt consolidation is one of the most practical ways to deal with multiple high-interest debts. You can pay off a bundle of debts all at once by taking out a low-interest consolidation loan. Then you can pay off the amount with a low monthly payment that fits comfortably […]
The average American owes about $6,000 in credit card debt. As a society, we have normalized debt, and many people owe far more. It’s easy to come to see your credit limit as money you have and can freely spend.
Debt has, though, significant costs that can impact your financial freedom. If you only ever pay off the minimum, then your debt will only build.
With careful debt management and the right debt solution services, you can not only clear your debts, but also build a sound financial foundation for prosperity in your life after debt.
Getting laid off is a challenging situation for a number of reasons. It’s a surprise, disruption, and morale hit. But most importantly, it’s a sudden loss of income. If you already have debt and are worried about living off credit cards until you can secure a new job, now is an important time to plan your finances very carefully.
One of the best ways to improve your budget is to change the way you spend. Always going over-budget can lead to financial stress and anxiety, but smart spending can instill confidence while also helping to make your budget more comfortable every month.
