Debt settlement vs. Bankruptcy—Pros and Cons
Filing for bankruptcy can often seem like the easier way out of unplayable debt. However, it has severe, long-term effects that are almost impossible to correct. Debt settlement, on the other hand, can be a more optimal solution for many—read on to find out the pros and cons of each option.
Debt Consolidation: Become Financially Free
Being in debt can be stressful, we understand that. Oftentimes, it comes as the result of factors outside of our control: job loss, unexpected medical bills, divorce, or any other number of things that can wreck your budget and send your finances into a tailspin. According to a recent CNBC study, the average millennial has over $25,000 of […]
2 Shocking Downsides to Only Making Minimum Credit Card Payments
Many credit card users set their accounts to autopay their minimum payment and go on spending. Paying $25 or 1% to 2% of your balance every month sounds easy… because it is. That’s why 45% of millennials are only making their minimum payments. This set-it and forget-it attitude allows you to dodge late fees and keep your account in […]