According to a May 2022 LendingClub survey, around 64% of Americans live paycheck to paycheck. Living paycheck to paycheck is not an issue isolated only to low-income people. It can happen to anyone at any income level. So what happens if you lose your job? Will you be able to consolidate your debts to keep …
Debt Consolidation for the Unemployed: How to Tackle Debt When You’re Between Jobs Read More »
According to newyorkfed.org, total household debt surpassed $16 trillion in the second quarter of 2022. Meanwhile, mortgages, auto loans and credit card balances increased by $312 billion. Balances now stand $2 trillion higher than at the end of 2019, before the start of the COVID-19 pandemic. Chances are, you are one of those with ballooning …
Debt Settlement Pros and Cons: What’s the Risk vs. Reward? Read More »
Millions of Americans have debt that is spiraling out of control. They have to deal with the daily struggle of deciding whether to pay bills, buy food, pay their medical debt, or get their car fixed. No one should face these decisions, especially if you have had an accident, lost a job, got a divorce, …
Debt Settlement Attorneys: Do You Need One, and How to Find the Right One Read More »
Money can be tight for most people. According to an article by CNBC, 63% of Americans have been living paycheck to paycheck since COVID-19 hit. That included 60% of millennials making over $100,000 a year, according to BusinessInsider.com. Budgeting can help and is a way to create a spending plan for your money. Keeping a …
Disclaimer: DebtHammer may be affiliated with some of the companies mentioned in this article. DebtHammer may make money from advertisements, or when you contact a company through our platform. According to educationdata.org, there are 43.4 million borrowers who are saddled with federal student loans. Healthcare works are big subset of this. Nearly 70% of medical …
Debt Consolidation Loan Options and Relief for Health Care Workers 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 »
Many of us have been there, which is not fun. You look at your checking account balance and see that it is negative. You don’t know how or when your account became overdrawn, but here is a guide to making it through the dreaded negative balance on your bank account. Pewtrusts.org indicates that about 18 …
We all need a place to live, and your prospective landlord can use your credit score to decide whether or not to approve your rental application. What credit score do you need to rent an apartment? Rental companies prefer applicants with FICO scores of at least 620. However, they will rent to people whose scores …
Our wallet is like an onion; whenever we open it, it makes us cry. It hits us harder when we’re short on cash and must pay a crucial expense for housing, food, health care, or transportation. The Chime app can help. This mobile banking app allows borrowers to make paycheck advances up to two days …
Death and taxes are the only two things in life that are certain. Both can prove very costly to settle, but one is inescapable: funeral costs. Government programs and charities that help with funeral costs The average cost of a funeral and burial is $7,848, according to the latest data from the National Funeral Directors …
How to Get Help if You Can’t Afford Funeral Costs [Updated 2023] Read More »