Personal finance blog articles on how to get out of debt.
November 6, 2017. Credit Cards and Debt, Debt
The latest figures on student loan debt in the U.S. are staggering. More than 40 million Americans now carry some form of student loan debt, averaging just over $35,000 each. To make matters worse, most student loan borrowers are carrying multiple loans from multiple sources, which can increase the cost and the complexity of managing them. It gets… continue reading »
August 25, 2017. Credit Cards and Debt, Debt
What are the pros and cons of debt consolidation? A legit question that’s on the mind of many people in debt. Debt consolidation is a way to ‘combine’ multiple small debts into one single (and bigger) loan. When attempting to consolidate debt, you’re looking to take out a loan big enough to cover your other… continue reading »
August 14, 2017. Credit Cards and Debt, Debt
Does budgeting make you hurl? You may think budgeting is utterly boring and useless. Or you might think it’s only for the rich. After all, richie rich people have a ton of money, they need to keep track of their finances somehow. These, however, are common misconceptions. Budgeting myths that keep you from tracking your… continue reading »
July 24, 2017. Debt
How much do you know about credit history? Are you aware of the factors that influence it and financial aspects that don’t impact your credit score? Credit scores range from bad (300 – 629) to average (630 – 689) to good (690 – 719) to excellent (720 – 850). How you fit into one of these… continue reading »
July 3, 2017. Credit Cards and Debt, Debt
While it is commonly known that households that own their home earn more income than people who are renters, a startling statistic denotes that homeowners in fact earn up to 95% more than households that are renting. That surprising number makes it easy to understand why renters have a hard time managing their income and are sometimes… continue reading »
June 2, 2017. Credit Cards and Debt, Debt
Having trouble getting approved for a loan or finding a good job? These are just a couple of the bad consequences of having bad credit, so maybe finding some effective ways to improve your credit score is a good idea. Having (and maintaining) a good credit score is extremely important. Even if you might not need to… continue reading »