Debt Relief Articles

On the surface, borrowing money seems straightforward: a friend loans you twenty bucks, and you give it back when you get paid. Easy. If only the rules were so simple with banks and credit...

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...

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...

Sure, you know what a credit card is and how to use it. However, some consumers don’t know that the credit card industry changes regularly. Just like any other industry, there are things about...