All Articles - Page 8

Medical bills can be stressful, and in the moment, putting an expense on a credit card can feel like the easiest option. While this approach often comes with downsides, there are situations where using a credit card may make sense. Here’s what to consider before you decide.

If you are reeling under the burden of credit card debt, you should take action now and explore what debt relief options are available to you in order to pay off credit cards. This article examines the pros and cons of a debt consolidation loan vs. debt settlement.

Debt doesn’t just go away when you die, but that doesn’t mean your loved ones are always responsible for it. Instead, your estate will need to cover the debt using available assets, while the Fair Debt Collection Practices Act ensures that family members are not unfairly targeted for payment.

Some types of debt can rob you of your freedom, future, and financial options. However, under some circumstances, some types of debt may actually end up helping you in the long run. It pays to know the difference...

Retirement is the time most working people picture as the moment when they have enough money to enjoy life without having to work. Yet many people retire and still carry home equity loans or even student loans, despite having worked for many years. Life demands make it harder for older Americans to retire, even if they have worked a lifetime.

If you are one of the millions of Americans in credit card debt and you’ve been exploring your debt relief options, you’ve likely already discovered that there’s a lot of information on how to settle your debt. Paying off debt can feel like an uphill battle, especially when it seems like there is never enough money to be fully debt-free.

If your goal is to save money – you need to work it into your budget. Read on for tips on how to budget to save money.

Understanding how creditors evaluate your creditworthiness is one step in the right direction toward achieving your financial freedom. After all, knowledge is power, and knowledge of how financial matters work can help you make your way out of debt into financial stability.

It’s very easy in today's economy for you to find yourself in debt. Prices are increasing but salaries are not following, which means that many people used credit cards to cover everyday expenses. An unexpected expense like a broken dishwasher or a problem with your car can easily derail your finances and increase your debt to unmanageable levels.

Maxing out your credit card hurts your credit score. To your creditors, the fact that you use $2,000 of your available $2,000 credit means that you have stretched your finances to the limit and may soon become unworthy of credit.