Blogs - Page 8

You have just paid off your credit card and taken a big chunk out of your debt in the process. Congratulations! Now, you face a question: Does it make sense to close a paid-off credit card account?

If you aim to go debt-free in 2021, you have chosen to fight the good fight. Congratulations on your choice! You deserve all the support and help you need to achieve your goal.

Disclaimer: The following is for information purposes only and should not be viewed as legal advice and should not be relied upon without consulting an attorney.

It is legal for creditors to employ debt collectors to help them collect money that is due to them. However, when attempting to recover money from you, some debt collectors may resort to unfair, deceptive, or abusive practices in an effort to intimidate you.

The Coronavirus Pandemic is causing financial hardship for many Americans, even forcing some to put important bills like rent on their credit cards. This could cause a massive increase in credit card debt when the pandemic is over.

Whether it's trying to keep up with the Joneses or prove worth to one's self, family member, or peer, people tend to overspend. Money has become a trigger of obsession and addiction for many. 

Getting a debt consolidation loan can be tricky. Like other types of debt management plan options, approval for the best debt consolidation loan is dependent on factors like your credit score and debt-to-income ratio. When you are already struggling to pay your creditors, you may not qualify for a debt consolidation loan that will really help you.

Money management might sound complicated, but what it really means is learning how to handle your finances, from budgeting to setting long-term goals for financial success.

If reducing your credit card debt is one of your goals, turn it into a SMART goal to make it easier and simpler to achieve. By doing that, you will pluck debt resolution out of the domain of dreams and plant it firmly into reality.

The holidays can be a great time of year to spend time with your loved ones and kick back and relax. Be generous with your time and love, but make a pact with yourself this year to avoid getting caught up in the moment and being a bit more generous than you can afford to be with the material giving.

A simple Google search on “debt settlement feedback” reveals that people either love or hate their debt settlement company.