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 mobile banking app can help. Chime has a lot of benefits, but it can sometimes take time …
If you make less than $40,000 a year, don’t have a college degree, don’t own your own home and are divorced or separated, you’re a prime candidate for a payday loan. When you apply for a payday loan, the lender won’t give you the whole story. It’s important that you fully understand the risks before …
Considering a Payday Loan? Know the Pros and Cons 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, …
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 »
If you’re struggling with debt, debt settlement might be the solution. According to a report from the Federal Reserve, borrowing has reached record highs, and outstanding consumer credit now totals $4.7 trillion. Debt settlement is a form of debt relief that involves negotiating with your creditors and debt collectors to reach an agreement to accept …
How Does Debt Settlement Work? What You Need to Know Read More »
By now, we’ve all seen it. You get to the checkout and get an offer to pay for your item in four installments. Some retailers call it EasyPay, some call it FlexPay, but it’s commonly known as “Buy Now, Pay Later.” And this payment method isn’t just for high-ticket items. You can use the payments …
What Credit Score Do You Need for Affirm Approval? Read More »
If you are over your head with money struggles, debt consolidation can be a great way to get out of debt and avoid legal action from creditors. It involves combining multiple debts into one, making it easier to manage and pay off. But will it stop a lawsuit? Are you eligible for debt relief? We …
Can Debt Consolidation Stop a Lawsuit? It Depends Read More »
Have you got a lot of debt? It can be challenging to keep track of payments and balances on outstanding debts between credit cards, student loans, and auto loans. Debt consolidation can be a great way to get your debts under control. But if you’re wondering whether you can keep your credit card accounts open …
Does Debt Consolidation Close Credit Cards? What You Need to Know Read More »
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 educationdata.org, there are 43.4 million borrowers who are saddled with federal student loans. Many of those borrowers have ended up working in health care. Nearly 70% of medical school graduates left school with a median debt of about $200,000 per student (not including undergraduate study) in 2021, according to the Association of American …
Debt Consolidation Loan Options and Relief for Health Care Workers Read More »