Do you have a mountain of debt and worry about money? You are not alone. Money is the most common form of stress. According to the American Psychological Association, 72% of adults stress about money, paying rent, or feeling overwhelmed by debt. Several studies have demonstrated a cyclical link between financial worries and mental health …
Debt Consolidation: How It Works + 5 Best Loan Options Read More »
Do you have severe debt problems? Are you underwater with credit card debt, have an untenable mortgage, unpaid medical bills, outstanding personal loans, and other unsecured debt, or have your wages garnished? According to statistics released by the Administrative Office of the U.S. Courts, the September 2021 annual bankruptcy filings totaled 434,540. Filing for bankruptcy …
Types of Bankruptcy Explained: Which is Right for You? Read More »
Many people think that bankruptcy is the final step to financial ruin. And, one has no choice when you cannot pay all your debt. Chapter 13 can be a soft landing for those with income but have fallen behind on some payments. According to USCourts.gov, 223,270 Chapter 13 consumer cases were closed in 2020. The …
What is Chapter 13 Bankruptcy? What You Need to Know Read More »
Are you feeling frustrated by sleepless nights due to a failing business and don’t know what to do? According to statistics published in 2019 by the Small Business Administration (SBA), about 20% of business startups fail in the first year. Nearly half succumb to business failure within five years. By year 10, only about 33% …
What is Chapter 11 Bankruptcy? What You Need to Know Read More »
Do you have unmanageable bills? Have things gotten to the point that they are out of control, and you are going from paying bills on time and having a rainy-day fund to now teetering on the edge of bankruptcy? It can happen to anyone. Did you know that 20% of bankruptcy filers have college degrees? …
What is Chapter 7 Bankruptcy? What You Need to Know Read More »
Digital banking has become mainstream, particularly with the younger generation. The COVID pandemic of 2020 forced many of us to become part of the digital banking ecosystem, especially when banks limited access and hours, fast-tracking the digital banking industry. Best free mobile banking options Chime Chime is a financial technology company that provides fee-free mobile …
Here are the 8 Best Options for Online Banking with Free Accounts Read More »
Are you making less than $40,000 a year, don’t have a college degree, more than likely don’t own your own home, and are divorced or separated? This makes you are a prime candidate for a payday loan. Payday loans should be a last resort for people with poor borrowing history and little savings. It carries …
Considering a Payday Loan? Pros and Cons of Payday Loans You Should Know Read More »
You took out a payday loan, and now you feel like your hand is caught in an alligator’s mouth about to do the death roll and rip your arm off. That’s what a payday loan debt trap feels like precisely. If you’re looking for an escape, there are a few (legal) ways to stop paying …
When you are in a situation where you need a loan and think that turning to any of the approximately 23,000 payday lenders in the U.S. — almost twice the number of McDonald’s restaurants — is a good idea, think again. Debt is easy to get into and hard to get out of, just like …
Payday Loans vs. Personal Loans: Which is Better? Read More »
What are your options if you have no credit history and want to get a credit card or want to start building your credit? Having no credit history is also known as being “credit invisible,” a designation that affects 26 million Americans. A credit builder loan may be able to help. They are designed for …