What kind of debt is considered good debt and which of your debts are hurting more than helping? While there is truly no 'good debt', sometimes it can’t be avoided. When it comes to certain factors there can be a difference between good and bad debt. Here...
Keeping control of your personal finances doesn't have to be a chore. Having a budget can go a long way into preventing financial issues, especially personal bankruptcy. Creating a budget can be extremely simple. You just have to sit down and lay out exactly how much...
When trying to determine your credit score all the verbiage and terms can be confusing. It can be tough trying to figure out exactly what you need to focus on when trying to improve your score. All you need to know is what makes up your...
The second you make the decision to start paying off your accumulated debt you start searching for the fastest and least painful way to make it happen. In your searches you’ll come across many different methods and ways that swear they are the next best thing...
It doesn’t matter what age you are, debt doesn’t discriminate. It doesn’t care if you just graduated from college and are having a hard time finding the job of your dreams. It has no concern whether you just had a baby and can’t afford to...
Debt is a destination, a place we end up when we don’t have the right methods in place of handling our finances. Maybe a life event such as a sick child or job loss got you here. Maybe it snuck up on you without even realizing...
I have talked to many clients who were surprised that their driver’s license was suspended from past unpaid bills. The most common cause for this suspension is from a car accident resulting in money damages that has gone unpaid. In most cases filing for bankruptcy protection will...
We all get to a point where financial crises can strike. While it can be a devastating scenario, there are debt management strategies that can help you or your loved ones stop the free fall before things hit rock bottom. Admittedly, people lose money in many...
The Credit Reporting Agencies Experian, Transunion and Equifax have agreed to several changes in how they report credit scoring for individuals. The Dispute Process The first change is how the Credit Reporting Agencies process disputes. The way the agencies handled disputes in the past is the consumer disputes...
If you are struggling with debt one of the best options for you is to consult with an attorney regarding your options. The primary options are to pay your debts in full, settle your debts with payments, lump sum settlements, or file for bankruptcy protection....