Is a debt collector threatening you with a wage garnishment, or are you facing a wage garnishment order? Know what can and can’t be taken from your bank account. Get debt relief before your wages are garnished. We may be able to help. It’s easy and free to find out. How to protect money from …
What Funds are Exempt from Wage Garnishment? How to Protect Yourself Read More »
If you’re looking to save money, DIY will always be a cheaper option. But just like you wouldn’t try to replace your hot water heater without some basic idea of how it works, you shouldn’t attempt to settle your own debts without taking time to prepare yourself. Debt settlement is the process of getting your …
DIY Debt Settlement: Be Debt-Free in 6 Easy Steps Read More »
People deal with debt worldwide, and credit collection agencies harass some. 15% of Americans have been sued by a debt collector, according to a 2017 report by the Consumer Financial Protection Bureau. According to CNBC.com and a report from the Urban Institute, roughly one in three Americans have had debt in collections. You just received …
Did You Get a Debt Validation Letter? Don’t Panic Read More »
Student Loans: Student Loan Forgiveness and Repayment Pause Approximately 42.8 million borrowers have federal student loans with an average balance of just under $38,000 each. A few months back, the Biden Administration proposed a new plan that would help reduce student loan debt by up to $20,000. This would be a significant help to many …
DebtHammer Newsletter #12: The Tools You Need to Become Debt-Free Read More »
Home to approximately 4,624,047 people, many Louisiana residents struggle with consumer debt. A recent study found that the state’s estimated poverty rate is 19.6% and that the average Louisiana resident owes about $39,740 in household debt. Considering the average household income is about $50,800 — far below the estimated real median income of $71,186 — …
Louisiana Debt Relief: The Tools You Need to Escape the Debt Trap Read More »
Mississippi is home to an estimated 2,949,965 residents, many of whom struggle financially. In fact, poverty rates are amongst the highest in the state at approximately 19.4% — or just over half a million people. The average Mississippian household owes $60,375, an exceedingly high number considering the median household income is just $46,511. If you’re …
Mississippi Debt Relief: The Tools You Need to Escape the Debt Trap Read More »
According to the latest census data, Arkansas is home to just over 3 million people. The average personal income in the state is $46,500 — about $18,000 below the national average. Approximately 16.3% of the population — 489,000 people — lives in poverty. This isn’t too surprising, considering the average Arkansas resident owes about $37,000 …
Arkansas Debt Relief: The Tools You Need to Escape the Debt Trap Read More »
Home to 2,115,877 people, New Mexico is one of the states with the lowest amount of consumer debt per person. Even so, the average New Mexican household owes $42,868 in things like credit cards, student loans, and mortgage loans. Along with this, the poverty rate is one of the highest in the country at 18.2%. …
New Mexico Debt Relief: The Tools You Need to Escape the Debt Trap Read More »
Food stamps are provided through a program known as the Supplemental Nutrition Assistance Program, or SNAP. Roughly one in seven low-income households get food assistance through the program. This is more relevant than ever when you consider that 49% of Americans are struggling with higher food prices, and half of the U.S. is expected to …
What is the Income Limit for Food Stamps? What You Need to Know Read More »
Millions of Texans struggle financially every year. Texas regularly ranks toward the top of states with the highest total credit card debt, averaging $6,753. Texas also has some of the most lenient payday lending laws, landing two cities — Dallas-Fort Worth and Houston — on the list of top 10 cities with the worst payday …
Texas Debt Relief: The Tools You Need to Escape the Debt Trap Read More »