6 Things you should understand before paying off your old debts
Updated on: 15th Mar, 2019

What should you do with your old debt? There is no short answer to this question. You have to understand some important things related to paying off an old debt.When is your debt no longer collectible?According to the Fair Credit Reporting Act (FCRA), past due credit card bill, payday loan, car loan...

Credit card debt can make you undateable: Here’s how
Updated on: 31st Jan, 2019

Debt, debt, and debt; the pressure of paying off outstanding debt is almost in every household in our nation. The Federal Reserve Bank of New York has revealed that the household debt was rising high from the year 2004 to date. The total household debt in America is $12.96 trillion. This ...

6 Smart steps to buy a home after settling your debts
Updated on: 29th Nov, 2018

A lot of people in our nation file bankruptcy or consider a settlement to get out of their debt. Thus they suffer from a horrible credit score. At some point, the people with bad credit need a mortgage. Unfortunately, they get limited options due to their bad credit. Most of the lenders close...

What to do when you want to quit your job, but you have debt!
Updated on: 21st Nov, 2018

So, you are in dire straits! You have hefty debt payments each month, and you have a job that pays you a lump sum, but you hate it as much you can, and want to quit it as soon as possible! You also understand that the debt payments will get heavily hampered if you stop going to work! ...

Should I take on new debt or use my savings for a large purchase?
Updated on: 14th Nov, 2018

We all know that debt is forbidden; it spoils credit score, financial health, and mental peace. This is why most of you either try to get out of the debt trouble fast or avoid further debt. Staying debt free helps you to build a good credit score. And once your credit score is nice, you can en...

Burning debt with dollars: How to manage your family and life
Updated on: 18th Oct, 2018

“People should watch out for three things: avoid a major addiction, don’t get so deeply into debt that it controls your life, and don’t start your family before you are ready to settle down”. Family can be your biggest strength or weakness when you’re in debt depending on how well you m...

8 Advantages of staying debt free by choice
Updated on: 10th Oct, 2018

Living a debt-free life is rocking. I know, most of you haven't experienced it. Because you think that debt is inescapable rather than an exception. But, you are wrong, debt is not mandatory. You can own anything without accumulating debts. Life with no debt is a reward. What are t...

5 facts you should know if debt collectors are over you!
Updated on: 3rd Oct, 2018

Collection agencies are not here to negotiate. They are paid to pull back the due amounts from you, and they will try their best to make you pay the total debt you owe, not even a penny less.Nearly all debtors complain that their life has been turned to hell because of these debt collectors. They do...

How to fix your debt problems in just 4 simple steps
Updated on: 20th Sep, 2018

“The first step toward getting out of debt is to quit dang charging!” - Steve Repak America’s credit card debt has increased from $11.2 billion to $1,022 trillion highlighting the confidence in US consumers. This is the highest record till now. Previously, the country crossed the $1.021 tri...

How are your debts dealt with when you die with no assets?
Updated on: 6th Sep, 2018

When a debtor dies, the debts he owed in his lifetime, are not easily forgotten and forgiven. The creditors will definitely search for something, which will compensate the debts owed. This something includes the assets the deceased owned or inherited. And, all such assets when considered t...

Last Updated on: 16 Apr 2018


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