Cars are fickle things that require a lot of maintenance. Oil changes, tire rotations, and yearly tune-ups are all part of owning a vehicle. Unfortunately, the financial aspect of purchasing a car can be...

Writing a debt settlement letter can be a tricky process for a beginner. This process involves creating an attractive pitch to a creditor that your settlement is worthy enough for them to wipe out...

During the Christmas season the average American household’s credit card debt spikes up – and largely stays up. According to NerdWallet’s 2017 Consumer Holiday Shopping Report, gift-buying Americans planned to spend $660 on average,...

We humans spend an inordinate amount of our lives worrying about death. Increasingly, Americans are concerned financially about their families after their demise. According to the Federal Reserve, leaving your family with big bills...

Millennials are known for their love of travel, social media, and avocado toast. But increasingly America’s millennials are being defined by debt. Since they are now the country’s largest generation—83.1 million people, according to the...

Before we discuss those societal costs, however, some context is needed. American consumers these days have much easier access to plastic. Credit access dipped sharply since the height of the Great Recession but has...

If you think that a credit card can’t “force” you to overspend, you’re both right and wrong. People are ultimately responsible for the choices they make; that’s true. But decades of research have found...