Debt, especially credit card debt, is a serious problem these days. The average household that carries a balance from month to month on their cards has about $16,000 in credit card debt. Dealing with … [Read more...] about Can Your Paycheck Be Garnished For Debt?
dealing with debt
If you're like many people, you have medical debt. In fact, medical debt is a common problem in the U.S., with more than 42.9 million people struggling with unpaid medical bills. It's no secret; the … [Read more...] about Dealing With Medical Debt When You Can’t Pay
Everyone knows that debt is rough on a bank account. However, did you know that it's bad for your health, too? It's true. About one in four Americans suffer from depression or stress-related … [Read more...] about How To Stay Upbeat Even Though You’re In Debt
When it comes to dealing with your debt, you can take many different paths. We'll compare two of those paths below: debt consolidation and debt restructuring. There are many different options out … [Read more...] about Debt Consolidation Vs. Debt Restructuring
Medical debts are unsecured, so there’s nothing a hospital, emergency clinic, or doctor could repossess if you don’t pay your bills. Their only recourse is to turn them over to a bill collector. And … [Read more...] about What to Do if You’re Struggling with Lots of Medical Debt
You might not think that dealing with your debt is an emergency situation. The perceived urgency of paying off debt has greatly diminished over the years due to how common it is for individuals to … [Read more...] about Why Dealing With Your Debt is an Emergency Situation
Are your monthly paychecks hardly enough to cover your bills? Are you basically living from paycheck to paycheck? Are you having trouble managing your finances in general? One recent Fortune … [Read more...] about 5 Tips for Managing Your Finances When You’re Flat Broke
There was a popular song back in the 1970s titled “Waist Deep in the Big Muddy.” It had to do with America’s participation in the Vietnam war, but it could just as well describe how you feel about … [Read more...] about Debt Consolidation Loans and Why They Are Appealing
Okay, you're ready to admit it. Your debts have spiraled out of control. You’re several months behind on a few of your bills and having a hard time making the payments on the most of the rest. It's … [Read more...] about Debt Consolidation—How Does It Work and How Much Does It Cost?
We recently saw a news item about a son that but failed to report his father’s death and continued to collect his social security benefits for a year to pay off his debt. And that's not an isolated … [Read more...] about Six Unorthodox Ways to Pay Off Debt. Number One Will Surprise You
There is nothing wrong with borrowing money - as long as you know the debt characteristics that will define if it will be good or bad for your finances. Some people make the mistake of blaming debt … [Read more...] about 3 Debt Characteristics That Will Lead To Your Financial Demise
Are you trying to figure out how you can survive financial difficulties? You may want to get some financial advice from Millennials. You may be wondering, why would they be the best generation to … [Read more...] about 4 Mindsets That Millennials Use To Survive Financial Difficulties
Did you know that you could talk yourself out of debt? Yes, really you could talk your way out of debt. The solution is called debt negotiation, debt settlement or debt arbitration. But … [Read more...] about How To Talk Your Way Out Of Debt
If you’re so deep in debt you feel as if you’d fallen into the Marianas Trench, you’re probably experiencing a great deal of stress. And as the old saying goes, stress kills. This may be a bit over … [Read more...] about 9 Good Ways To Reduce Debt Stress
Debt can affect your life in so many ways. In most cases, the effects are less than satisfactory. You have to realize that your credit obligations put some form of monetary restriction that keep you … [Read more...] about Effects Of Debt Stress And How To Deal With It