North Carolina Debt Relief: The Tools You Need to Escape the Debt Trap

By Rebecca Stumpf | May 2, 2024 | Comments Off on North Carolina Debt Relief: The Tools You Need to Escape the Debt Trap
DebtHammer's free guide to debt relief details several options for North Carolina residents, including hardship programs, consolidation and other financial resources.

Looking for debt relief in North Carolina? You’re not alone. North Carolina is home to about 10,551,162 people, many of whom struggle financially. The average personal income is $53,100, roughly $17,000 below the national average. Along with this, the state ranks 40th in terms of poverty rate at 13.6%, which is 2% higher than the […]

How Does Debt Settlement Work? What You Need to Know

By Rebecca Stumpf | May 2, 2024 | Comments Off on How Does Debt Settlement Work? What You Need to Know

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 […]

Four Simple Ways to Pay Off Multiple Payday Loans

By Jake Hill | May 2, 2024 | Comments Off on Four Simple Ways to Pay Off Multiple Payday Loans
If you're stuck with multiple payday loans, DebtHammer explains your options for escaping the debt trap.

If you have multiple payday loans and feel trapped in a seemingly endless cycle of debt, you’re not alone. A recent survey shows 93% of respondents regret taking out their first payday loan. Additionally, 39% of those surveyed couldn’t afford to repay their loan on or before the due date. They had to take out […]

What Funds are Exempt from Wage Garnishment? How to Protect Yourself

By Rebecca Stumpf | May 2, 2024 | Comments Off on What Funds are Exempt from Wage Garnishment? How to Protect Yourself

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 is the Minimum Credit Score for Affirm Approval?

By Rebecca Stumpf | May 1, 2024 | Comments Off on What is the Minimum Credit Score for Affirm Approval?

Sometimes you need to make a purchase and it can’t wait until payday. Many retailers will now give you a helping hand, allowing you to pay for purchases in four no-interest installments. Affirm is a well-known Buy Now, Pay Later (BNPL) service. When you use Affirm to finance an item, you can take it home […]

South Carolina Debt Relief: The Tools You Need to Escape the Debt Trap

By Rebecca Stumpf | May 1, 2024 | Comments Off on South Carolina Debt Relief: The Tools You Need to Escape the Debt Trap
DebtHammer's free guide to debt relief details several options for South Carolina residents, including hardship programs, consolidation and other financial resources.

Known for its steamy summers and mild winters, South Carolina is a hot spot for many people. The state also doesn’t have a Social Security tax, making it a great place to retire. But for the average resident, the rising cost of living and relatively low wages make the state less affordable than it used […]

Iowa Debt Relief: The Tools You Need to Escape the Debt Trap

By Rebecca Stumpf | May 1, 2024 | Comments Off on Iowa Debt Relief: The Tools You Need to Escape the Debt Trap
DebtHammer's free guide to debt relief details several options for Iowa residents, including hardship programs, consolidation and other financial resources.

At the last census, the population of Iowa was 3,200,517. On average, Iowa residents earn a personal income of $51,140 and owe $43,120 in consumer debt (excluding mortgages). The state is ranked 20th in terms of overall poverty rate with 11.2% of the population living under the federal poverty guidelines. Whether you live in Iowa […]

Debt Settlement Pros and Cons: What’s the Risk vs. Reward?

By Rebecca Stumpf | May 1, 2024 | Comments Off on Debt Settlement Pros and Cons: What’s the Risk vs. Reward?

According to newyorkfed.org, total household debt surpassed $17.5 trillion in the fourth quarter of 2023. Meanwhile, mortgages, auto loans and credit card balances increased by $174 billion. Chances are, you are one of those with ballooning debt searching for solutions. Debt settlement is one of those options. However, many people worry about the risks and […]

Alaska Debt Relief: The Tools You Need to Escape the Debt Trap

By Rebecca Stumpf | May 1, 2024 | Comments Off on Alaska Debt Relief: The Tools You Need to Escape the Debt Trap
DebtHammer's free guide to debt relief details several options for Alaska residents, including hardship programs, consolidation and other financial resources.

Although Alaska is the biggest state in the United States, its population is rather small at 732,673 people. Many parts of the state are incredibly expensive, though, which leads to many residents struggling financially. Along with Utah, Alaska has one of the highest per capita debt-to-income ratios in the country. The average resident owes $63,920 […]

Arkansas Debt Relief: The Tools You Need to Escape the Debt Trap

By Rebecca Stumpf | May 1, 2024 | Comments Off on Arkansas Debt Relief: The Tools You Need to Escape the Debt Trap
DebtHammer's free guide to debt relief details several options for Arkansas residents, including hardship programs, consolidation and other financial resources.

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 […]

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