Consumer Debt in The U.S.
Updated Jul 11, 2022By Aaron Sarentino
Even as credit card debt has declined, mortgage and auto loan balances have increased dramatically. This trend may continue as the Fed is expected to begin raising interest rates in a move to get...
Read MoreTips for Choosing a Debt Relief Company
Updated Jul 06, 2022By Aaron Sarentino
What does one do when they can no longer afford their debt? One approach is to seek professional help from a debt relief company. A reputable debt relief company can assist you in getting...
Read More5 Science-Backed Ways Debt Relief Improves Health
Updated Jun 28, 2022By Aaron Sarentino
Dealing with debt allows you to plan your financial future, live your dreams, and have a comfortable retirement, but it also may help you live a longer, more fulfilling life. Here are 5 ways...
Read MoreUnderstanding Inflation: Five Ways to Protect Your Wallet from Deflating
Updated Jun 27, 2022By Aaron Sarentino
In simple terms, inflation represents the deflating purchasing power of your wallet. Inflation is caused by an expansion in the money supply, which is the correct definition of inflation. As the money supply increases,...
Read MoreThe Anatomy of a Credit Score – Understanding the Complicated Credit Scoring System
Updated Jun 07, 2022By Aaron Sarentino
Credit scores are so misunderstood and generally regarded as a de facto measurement of borrowing strength. Also, many consumers misguidedly assume that credit scores include income, assets, or net worth in their calculations. We...
Read MoreAmericans Are Accumulating Credit Card Debt at Record Rates
Updated Jun 03, 2022By Aaron Sarentino
The Federal Reserve reports that as of March 2022, consumer debt is up to over $52 billion. Credit card debt surged by over 21 percent as card companies have increased interest rates and fees....
Read MoreKnow your Rights When Dealing with Debt Collectors
Updated Jun 02, 2022By Aaron Sarentino
Anyone who has received such calls knows it’s not so much a call as it is harassment and abuse. Before you find yourself on the receiving end of threats or harassment from a debt...
Read More7 Tips on How to Begin Your Debt Resolution Program the Right Way
Updated May 13, 2022By Aaron Sarentino
Beginning a debt resolution program can fill us with both hope and anxiety. You have finally taken the first step toward slashing interest payments and calls from collectors out of your life, but you...
Read MoreTips on Buying a Home After Debt Settlement
Updated May 11, 2022By Aaron Sarentino
If you’re working out your money management problems through debt settlement, congratulations! Settling debt gives you a clean slate to start new. Here are 5 tips on buying a home after debt settlement.
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