Few words conjure up as much horror as debt. It is feared and loathed by millions of Americans, and for good reason. Consider that the average American does not have $1,000 set aside for an emergency – this is an accident waiting for a place to happen. Financial setbacks are an all-too-common occurrence for families and individuals. Your vehicle may suddenly stop working, … [Read more...]

People who serve in the Armed Forces have risked their lives to serve the country, and they deserve respect and proper treatment after their service. Unfortunately, some of them have struggled to get back to their normal lives, most especially in terms of financial security. Let’s take a look at how some veterans become drowned in debt, and what they can do to rise up from … [Read more...]

We all borrow money from time to time; at least most people do. And, in most cases, we borrow with the right intentions. Maybe the going got a little tough, and you needed a few hundred dollars to bridge some gaps. Or, perhaps it was an emergency that required urgent cash. The idea is usually to borrow now and repay the amount within a few weeks or months. So, except for … [Read more...]

When you are desperate to consolidate your debt, then in this situation you can opt for personal loans also. The personal loans have a lot of benefits. The most important benefit is that you have to deal with low-interest rates. With the help of personal loans, you can define the monthly payments. This makes it easy for you to manage your budget. When you opt for a personal … [Read more...]

Eight out of every ten Americans have some form of debt. In 2018, American household debt continues to climb higher hitting $13.1 trillion according to the Federal Reserve Bank of New York. As we continue to see a rise in all categories of debt including credit card and student loan debt, many Americans are now looking for ways to get their debt under control other than ways … [Read more...]

  Raising money and resorting to bank loans from time to time is not something that can be dubbed wrong as it is. There are some periods of economic cycles when interest rates are actually tempting and when taking a bank loan is truly justified from the money management point of view. However, with all the banking system evolving on an everyday basis and with … [Read more...]

There are very few, if any, “upsides” to being in debt. One of the worst downsides that many have experienced is those constant calls that can come in from your creditors. It makes it feel like there’s someone constantly on your doorstep asking for money that you don’t have, and it can add to the real stress of the situation. But there are ways you can deal with it. Here … [Read more...]

Owning a business is a complicated thing. You are spinning so many plates at once that it’s easy to fall into the debt trap. Lenders are tightening their belts in response to the economy and the costs of everything from materials to healthcare for your business is on the rise. Because of this, business owners around the world are struggling to keep up and keep their … [Read more...]

Making Do With Less Sometimes financial difficulties put you in a position where having things like a recurring mortgage may not be the best idea. Maybe you weren’t in this kind of debt when you started mortgaging the house; maybe this happened over time. Whatever the case, when you’re in over your head, you’ve got to get a toehold somewhere. If you’ve paid $1k a month … [Read more...]

So, you really needed that money and you took a payday loan even though these loans come with really high-interest rates. However, if you do not pay the loan back in time the interest really starts to add up which means you can get into a lot of trouble if you don't plan your budget correctly. We have come up with a list to help you pay off the high-interest payday … [Read more...]