Debt Relief Articles

Credit cards aren’t necessarily bad for your financial health. As long as you spend responsibly and pay your balance in full every month, a credit card can be a convenient and useful tool. But some consumers...

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...

Unsecured debt has a direct correlation to bankruptcy in the United States. Just this year alone the total amount of unsecured debt has increased to 1 trillion collectively. According to HuffingtonPost, some of the...

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...

As many people learn in adulthood, access to credit is important. It helps them build a solid credit history, which in turn helps them buy a house or rent an apartment. However, having such...

Some states are reaching new heights — but not the kind to write home about. According to Experian’s latest State of Credit report, the following states carried the highest average credit card balances in...

According to a recent study by WalletHub, U.S. consumers have managed to rack up over $1 trillion in credit card debt. In the last year alone, the amount of debt accumulated was a whopping...

Americans have amassed more than $1 trillion in outstanding credit card debt – a record high, according to the Federal Reserve. In its annual State of Credit study, Experian reports the average American is...

Most of us are fairly generous people, and we want to help a family member or friend when we can. But the fact is, a person who can’t get a personal loan from a traditional source...