Understanding your debt relief options
For millions of Americans struggling to make a living, debt can feel inevitable. Taking on debt doesn’t necessarily have to be a bad thing. In fact, debt can be the first step toward financial growth and stability, like when you take out a mortgage to buy a home or use a student loan to pay […]
Money Management: 4 Tips for Mastering Your Finances
Mastering your finances might sound like a daunting journey. However, every day you wait, debt and poor spending decisions compound and make the path to mastery all the more difficult. Fortunately, wise financial choices made sooner also compound, ensuring a bright financial future. Here are 4 tips to help you manage your money. Create a […]
Understanding Bankruptcy: Chapter 7 vs. Chapter 13
Bankruptcy is a term most have heard, but only the financially unfortunate must learn to understand. However, this is not just an unlucky few. Today, most bankruptcies are filed by consumers rather than businesses. Over the past 20 years, there have been an average of 399,269 bankruptcy cases filed yearly in the United States. If […]
Taking Responsibility for Debt While Avoiding Bankruptcy
Are your finances teetering on a cliff edge? Do you owe debt collectors far more than you can possibly repay? When you face financial hardship and seem unable to recover, you’ll probably see bankruptcy as the only way out. If this sounds like you, you’re far from being alone. Many Americans are often pressed to […]
How To Pay Off Holiday Debt
Holiday debt has become a significant problem in the US, with many Americans falling into debt due to their holiday spending. Unfortunately, most people cannot afford to take on this kind of debt year after year. Recent studies have shown that holiday debt is a major issue for millions of Americans. An estimated 42% of all US […]
How to Refinance your Mortgage: Step by Step
A mortgage refinance is a type of home loan that allows you to pay off your existing mortgage with a new one. This can be beneficial if you want to lower your monthly payments, change the terms of your loan, or take advantage of low interest rates. To qualify for a refinance, you will need to have […]
What is the Medical Debt Relief Act?
It’s no secret that healthcare costs in the U.S. have become staggeringly high over the last decade, making it difficult for the average person to afford and pay off medical debt. According to a report published by the Kaiser Family Foundation in 2021, approximately 100 million Americans have some form of medical debt. Medical debt in the […]
New Year, New Financial Habits: Top 5 Resolutions for 2023
Achieving financial stability requires sacrifice and persistence. The beginning of a new year is always an ideal time to reflect on your financial goals and make resolutions to improve your financial future. However, many people procrastinate or make easily avoidable mistakes that prolong unsavory financial situations. Don’t get to the end of 2023 only to […]