Find articles on how to avoid and get out of debt. Read debt consolidation, settlement, management success stories. Know about the popular mistakes, scams, and news.
Trapped in debt cycle? 3 Top secrets to break it like a king

City's just a jungle; more games to play Trapped in the heart of it, tryin' to get away I was raised in the country, I been workin' in the town I been in trouble ever since I set my suitcase down - Bob Dylan Debt repayments may seem like a redundant task. The moment you’re about to pay off your... Read more

Article Rating: 
Rating: 
No votes yet

From Debt to Savings: What you may expect from the journey

“Good times are when people make debts to pay in bad times.” - Robert Quinlin The journey from debt to creating a savings fund once you’re free from your all financial obligations is an interesting one. Here’s a synopsis of what you may expect from your financial travails to get out of de... Read more

Article Rating: 
Rating: 
No votes yet

What happens when a debt goes to a debt collector

Debt in collections can be troublesome. Your phone will never stop ringing, and the debt collector won’t stop asking you for money. In short, you can’t breathe freely unless you pay off your debts. Who is a debt collector? Under the Fair Debt Collection Practices Act (FDCPA), a debt collec... Read more

Article Rating: 
Rating: 
2
Average: 2 (1 vote)

Appalling bankruptcy myths you should bust now!

Filing Chapter 7 or Chapter 13 bankruptcy may not seem simple or attractive. The entire process of a successful bankruptcy discharge may entangle you into a complex array of paperwork before you could claim to be debt free. So, here are 5 bankruptcy myths that have been debunked to make understan... Read more

Article Rating: 
Rating: 
No votes yet

Collapse in home prices during Great Recession increased student loan defaults, study finds

According to a new study, at least a quarter of the roughly 8.7 million student loan defaults during the Obama administration and before is because of the housing crisis. The housing collapse during the Great recession that survived from 2007 to 2010 was directly responsible for at least one-four... Read more

Article Rating: 
Rating: 
No votes yet

Life after being debt free - Worried or free?

Like most of the American millennials, I too had fallen into debt some years back. I was unable to juggle my money successfully between my dear mom's bad health condition and credit cards. In addition to this, I had to manage the household expenses too. Becoming debt free was the only option for me... Read more

Article Rating: 
Rating: 
No votes yet

When Paying Debt with Debt Makes Sense

The title sounds a bit awkward, right? Make little sense, no? Or, no sense at all? You cannot fight debt with debt. If you do, you won’t be able to get out of the vicious cycle. For many personal finance experts, the motto is “fighting debt and growing wealth”. Fighting debt with debt is neve... Read more

Article Rating: 
Rating: 
No votes yet

Debt Stacking - Best way to eliminate debt

“Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.” - Ogden Nash Managing finances while in debt is a difficult job. But, you have no other option other than paying it off and managing finances at the same time. Today I’m going to guide yo... Read more

Article Rating: 
Rating: 
No votes yet

Debt encourages debtors to fall in debt again - A review

"Falling into debt is easier than digging out of debt clutches"! Using credit cards randomly and not making the payments or taking out a payday loan and not paying it back can rack up debts. It's easy! But, not paying back debt accounts can be dangerous for your personal finance. You need to foll... Read more

Article Rating: 
Rating: 
2
Average: 2 (1 vote)

Your lofty aspirations may drive you into debt. What is the way out?

Talking about money isn’t easy. Actually, it’s so hard for a few that they almost break down. Discussing money was once so hard for Sandra Hanna that she almost suffered a nervous breakdown while being a guest on the Oprah show. He condition was so bad that a makeup artist had to airbrush her en... Read more

Article Rating: 
Rating: 
No votes yet


BBB-A--Rating