Education

We’re already into February and Punxsutawney Phil didn’t see his shadow, which theoretically means an early spring is on the way. But before you start packing away the winter coats until next year, there’s one pressing issue: The holiday bills are coming due. And many families are struggling to pay them. Use of Buy Now, […]

DebtHammer has worked with countless people stuck in the payday loan trap simply because they needed to borrow a small amount of money until payday. We know firsthand the long-term damage a single payday loan can cause. If you need fast cash and a personal loan is not an option, here are 30 ways to

The Black Friday sales have already started and it’s a tough time of year for anyone struggling to keep their debt under control. Last year, more than half of Americans said they planned to take on debt to cover their holiday expenses. This is no surprise, considering that almost half of Americans say they don’t

It’s never too late — or too early — to start thinking about your financial health and get your finances in order. For many people, this means establishing a savings fund, paying off debt, or maxing out their investment account contributions. But if you’re struggling to pay for everyday expenses or monthly bills, the idea

According to our end-of-year survey, nearly half of American consumers planned to end 2022 in debt due to holiday spending. For many people, this was due to taking on expensive forms of credit like “Buy Now, Pay Later” plans or payday loans to cover holiday costs. Now, already two months into 2023, many people are

Start 2023 with these smart financial habits There’s no better time to start making a few life improvements than January of a new year. And, according to a recent survey on the top New Year’s resolutions in America, finances are on over half of people’s minds. In fact, 39% of people made a resolution to

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

Where’s your money really going this holiday season? It’s that time of year again. The winter holidays are just around the corner, and the holiday shopping season is about to hit its peak. With two of the biggest shopping days – Black Friday and Cyber Monday – coming up this month, people are gearing up

Cash Advance Apps 101 A cash advance app is an app you can download onto your phone and use to borrow ahead of your next paycheck. They’re usually free to use, though some apps (like Brigit) come with a small monthly subscription fee or have a tipping option (like Earnin or Dave). Unlike other short-term

What you need to know about the new student loan debt forgiveness plan The average student loan debt per borrower is around $30,000, though many people owe much more than that. Having high amounts of any kind of debt can be stressful, especially if you’re trying to focus on your — or your family’s —