Paying off debt can be stressful, and it’s almost never as easy as you think it’s going to be. Saving money when you owe money can seem utterly futile, and even if you’re knowledgeable with money, there are always unexpected challenges. Emergencies and accidents happen. Bad luck affects everybody. Murphy’s Law is prone to rear its ugly head without so much as a dash of provocation. You know the drill, and the drill is exhausting. [continue reading…]

If you are carrying too much unsecured debt, your budget is in trouble. These types of debts, which include things like credit card debt, utility bills, and medical bills, do not require any collateral requirement. The power was turned on in your home based on your signature on an application. The same applies to the extension of credit on a credit card. Unsecured debt, because of its lack of collateral, is considered high risk. [continue reading…]

To achieve financial freedom, you need to have a system in place that will help you organize all of your important, and not so relevant, financial documents. Doing so will allow to analyze your situation and make any changes necessary to help you achieve a lifestyle that does not involve living paycheck to paycheck. Here is a list of things you can do to get started. [continue reading…]

While losing weight or quitting smoking might be on your New Year’s resolution list, you might want to take some steps toward improving your credit score. Raising your credit score can have some seriously positive effects on your future including better rates on loan, help in buying a car or home, and [continue reading…]

If you are suffering financially because of a poor credit history and a low credit score, there is a way for you to re-establish a positive payment history and raise your credit score. A low credit score can be the result of many factors. Remember, your credit score is calculated by looking your [continue reading…]

Over the past decade, the average household has watched as its ability to borrow has almost disappeared. The financial crises that occurred in the U.S. as a result of the housing debacle and bank bailouts forever changed the credit industry. What was once a period of easy borrowing tightened [continue reading…]

Consumer debt in the United States continues to grow and is now approaching $3.4 trillion as of May 2015. The average person, including children, owes roughly $10,200 in some form of debt. Most of that debt is in the form of auto loans, [continue reading…]

Long-term debt piles up in most households, and it can have a disastrous effect on your overall finances unless you do something to change. The average American household that has a credit card has some serious credit card debt to the tune of $15,500. [continue reading…]

The average United States household has thousands of dollars in debt, and that does not include housing or mortgage debt. The typical household that owns at least one credit card has well over $15,000 worth of debt. While being too much in debt is certainly troublesome, not all debt is bad. Here’s a look at good debt versus bad debt. [continue reading…]

As the popularity of car title loans continues to rise, there is a lot of competition in the market. With the demand rising, new car title loan companies are entering the market every day. Which one do you choose to do business with? You need to do your homework and do some research prior to making a decision. Here are some things you can do to ensure you make a sound decision. [continue reading…]

The cost of a college education has been rising for years. In most cases, the average college student and his or her family cannot afford this cost on their own. The National Center for Education reports that the average cost of tuition and room and board for one year is nearly $18,000. Even with grants, scholarships, and student loans, many families still find it hard to put a student through school. [continue reading…]

There are a number of different types of loans available. Which loan will work best for you? The answer will depend largely upon your financial situation and your credit history. If you have a poor credit history and credit score, your choices are limited. Two loans that can help you access cash in the case of emergency are payday loans and car title loans. [continue reading…]

The average American household that owns at least one credit card has roughly $15,000 in credit card debt. That does not include student loan debt or any other form of debt. You may not be in debt but you most likely know someone who is. How does it happen? Why do so many people live in a world of debt? There are several reasons. [continue reading…]

While the American economy continues to recover from the recession of the late 2000s, there are still many individuals and families struggling with overwhelming debt. It is important to understand one’s options in dealing with such debt. Here are a few of those options: [continue reading…]

With the end of January comes the beginning of tax season as employers must mail out all of their tax documentation to their employees. By mid-February, you should have everything you need to begin filing your income tax return. If you are like most – it is estimated that eight out of every ten filers receive a refund – you will be [continue reading…]

Month after month you struggle to meet your financial obligations. A rent or mortgage payment, a car payment, plus utilities, and a few credit card payments can often leave nothing left at the end of a month. What you might want to consider is consolidating some of your debt to reduce your overall monthly payments. [continue reading…]

Reportedly, the average household in America has as much as $15,000 in credit card debt alone. Add in car payments and mortgages, and it is easy to see how many people can become slaves to their debt. What if you could eliminate most or all of your unnecessary debt? It’s possible. Here’s how. [continue reading…]

The average American household has several thousand dollars’ worth of debt, most of it in credit cards. Carrying large amounts of debt can be frustrating and contribute to one’s stress levels. It can also do a number on someone’s credit and overall financial standing. For those wondering how to go about paying off debt, [continue reading…]

If you have a number of overdue debts, there are actually a few different things that you can do to settle them. Many people often have several credit cards on which they have large balances and do not possess the means to pay them off. Carrying those balances leads to problems with credit and financial standing. [continue reading…]