Buy Now Pay Later plans are skyrocketing in popularity. You can divide anything from an Uber trip to a new TV into four interest-free purchases. After explosive growth, you’ve probably seen these payment options at your favorite stores. The first payment serves as a down payment, and you make three more remaining payments, usually over […]
Buy Now, Pay Later: 10 BNPL Options You Can Trust Read More »
Debt consolidation loans can help make multiple high-interest debts more manageable by combining them into one simple monthly payment. Most of these loans aren’t guaranteed because they require a good credit score, but some lenders work with borrowers with a 520 credit score. The best debt consolidation loans come with a lower interest rate than
Debt Consolidation Loans for Bad Credit Borrowers Read More »
Americans have a lot of credit card debt — $986 billion, to be precise. According to a recent survey, 57% have missed at least one payment and nearly half are using credit cards to pay essential bills. If you’re struggling to make multiple minimum payments each month, debt consolidation could solve your financial worries. Here’s
How to Consolidate Your Credit Card Debt: 5 Simple Ways Read More »
Around 12 million American consumers use payday loans yearly, borrowing an average of eight loans at $375 each. With the standard lender fees and interest rates, each loan costs around $520 after everything is paid. If you feel like you’re trapped in a never-ending cycle of debt, you’re not alone. And fortunately, there are options
In Over Your Head With Payday Loans? 13 Ways to Escape the Trap for Good Read More »
You may think the only option after bankruptcy is a payday loan, but there are several solid alternatives to payday loans for bankrupts. Thanks to modern banking technology, finding a lender that offers personal loans to people with poor credit or a past bankruptcy is easier than ever. Here are the best bankruptcy loan options
7 Best Personal Loan Options After Declaring Bankruptcy (Avoid Payday Loans) Read More »
It’s never too late — or too early — to start thinking about your financial health and get your finances in order. For many people, this means establishing a savings fund, paying off debt, or maxing out their investment account contributions. But if you’re struggling to pay for everyday expenses or monthly bills, the idea
DebtHammer Newsletter #15: The Tools You Need to Become Debt-Free Read More »
Millions of people are behind on their bills. In fact, 49% of American adults have been skipping meals to pay their bills. While continuing inflation from the COVID-19 pandemic hasn’t helped, many people struggled to pay their bills even before that. Unfortunately, there are some severe consequences if you can’t afford to pay your bills.
Need Help Now? How to Get Free Money — and Other Assistance Read More »
According to our end-of-year survey, nearly half of American consumers planned to end 2022 in debt due to holiday spending. For many people, this was due to taking on expensive forms of credit like “Buy Now, Pay Later” plans or payday loans to cover holiday costs. Now, already two months into 2023, many people are
DebtHammer Newsletter #14: The Tools You Need to Become Debt-Free Read More »
Indiana is home to roughly 6,833,037 people. The average personal income is $50,440, while the average debt per Indiana resident is $40,770 and rising. The state’s overall poverty rate is 11.9%, the 27th highest in the country. While debt is a major problem for many Indiana residents, multiple forms of Indiana debt relief and economic
Indiana Debt Relief Read More »
Start 2023 with these smart financial habits There’s no better time to start making a few life improvements than January of a new year. And, according to a recent survey on the top New Year’s resolutions in America, finances are on over half of people’s minds. In fact, 39% of people made a resolution to
DebtHammer Newsletter #13: The Tools You Need to Become Debt-Free Read More »