Debt Relief Tactics

Learn debt relief tactics to get informed and start a better financial plan.

New years resolution
New Year, New Financial Habits: Top 5 Resolutions for 2023

Achieving financial stability requires sacrifice and persistence. The beginning of a new year is always an ideal time to reflect on your financial goals and make resolutions to improve your financial future.

Jan 20, 2023
medical bills
What is the Medical Debt Relief Act?

It’s no secret that healthcare costs in the U.S. have become staggeringly high over the last decade, making it difficult for the average person to afford and pay off medical debt.

Jan 17, 2023
Debt free
You’re Debt Free, Now What? Money Moves That Make Sense

Being debt-free does not mean that you are finished with your financial journey. People do many things after going debt-free, but not everyone thinks about them beforehand. This article will discuss ways to put the resources you once dedicated to debt repayment to good use.

Dec 26, 2022
mortgage refinance
How to Refinance your Mortgage: Step by Step

A mortgage refinance is a type of home loan that allows you to pay off your existing mortgage with a new one. This can be beneficial if you want to lower your monthly payments, change the terms of your loan, or take advantage of low interest rates. To qualify for a refinance, you will need to have sufficient equity in your property and meet certain credit requirements. Additionally, your lender may require you to have a certain amount of cash in the bank or stable income from a job.

Dec 19, 2022
holiday debt
How To Pay Off Holiday Debt

Holiday debt has become a significant problem in the US, with many Americans falling into debt due to their holiday spending.

Dec 12, 2022
Bankruptcy
Taking Responsibility for Debt While Avoiding Bankruptcy

Are your finances teetering on a cliff edge? Do you owe debt collectors far more than you can possibly repay? When you face financial hardship and seem unable to recover, you’ll probably see bankruptcy as the only way out.

Nov 18, 2022
Bankruptcy
Understanding Bankruptcy: Chapter 7 vs. Chapter 13

If you are running out of options to pay off your debts, this article will explain the differences between chapter 7 and chapter 13 bankruptcy and provide an alternative that may be better for you in the long run.

Nov 11, 2022
Money Management
Money Management: 4 Tips for Mastering Your Finances

Mastering your finances might sound like a daunting journey. However, every day you wait, debt and poor spending decisions compound and make the path to mastery all the more difficult. Fortunately, wise financial choices made sooner also compound, ensuring a bright financial future. Here are 4 tips to help you manage your money.

Oct 26, 2022
debt relief
Understanding your debt relief options

If you have more debt than you can keep up with and monthly payments are starting to feel insurmountable, you may want to consider debt relief as an option to help lighten the load and avoid unfavorable outcomes like bankruptcy.

Oct 20, 2022
Debt Relief and Financial Responsibility
Debt Relief and Financial Responsibility

If you’re one of the millions of Americans struggling to repay high-interest debt, seeking debt relief may be exactly what you need to get your financial obligations under control. These alternatives to traditional payment methods can ease the burden of debt, but are they suitable for you? Let’s find out!

Sep 27, 2022
credit card debt signn
8 Tips for Getting Out of Credit Card Debt

No matter how you end up in credit card debt, it’s important to find a way to get out of it. The sooner you start paying off your debt, the less interest you will have to pay. And if you aren’t able to make progress on your own, there are plenty of resources and programs available to help you get out of debt.

Sep 11, 2022
Debt Settlement
Debt settlement: Will it work for me?

If you are struggling with managing your debt, you are not alone. Millions of Americans are looking for debt solutions, and debt settlement is one such popular solution. This article will help you determine if debt settlement is right for you.

Jul 22, 2022
Home equity loan
Tips for Choosing a Debt Relief Company

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 out of debt faster, but how do you separate reputable companies from the scam artists?

Jul 6, 2022
Science-Backed Ways Debt Relief Improves Health
5 Science-Backed Ways Debt Relief Improves Health

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 debt relief may improve your health.

Jun 28, 2022
Los Angeles June 8th 2022: High Gas Prices. Close Up
Understanding Inflation: Five Ways to Protect Your Wallet from Deflating

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, purchasing power is decreased.

Jun 27, 2022
Sad Depressed Man Checking Bills Anxiety About Debt Or Bankruptcy
Ways to Relieve Anxiety from Debt

The emotional distress of dealing with debt can result from having your car repossessed, getting your electricity/water cut off, or watching helplessly as your credit score plunges to a place of no return. Here are ways to relieve anxiety from debt.

Mar 30, 2022
Tablet Computer And Notebook With Text Debt Consolidation On Grey
Debt Consolidation: Become Financially Free

Debt consolidation is not right for everyone, but in the right circumstances and if used properly, it can be of tremendous help to those seeking to get out of debt.

Mar 24, 2022
Debt Settlement
When is Debt Settlement a Good Option?

It’s possible that you’ve reached a point where it’s just not possible to pay off your debt. Maybe you’ve been laid off or taken a pay hit, received a large medical bill or had an unexpected emergency expense. Whatever the reason, one option is debt settlement.

Mar 21, 2022
Business And Finance Concept. On The Table Are Dollars
Should I Use my 401(k) to Pay Off Debt?

Your 401(k) is designed to give you a financially comfortable retirement. The last thing you want to burden you in the twilight of your life is debt. So, is it worth it to pull from your 401(k) to pay off debt now? In order to answer this question, you must understand 401(k) withdrawal rules and their associated costs.

Mar 14, 2022
Black Plate With Debt Settlement Vs Bankruptcy Question.
Debt settlement vs. Bankruptcy—Pros and Cons

Filing for bankruptcy can often seem like the easier way out of unpayable debt. However, it has severe, long-term effects that are almost impossible to correct. Debt settlement, on the other hand, can be a more optimal solution for many—read on to find out the pros and cons of each option.

Feb 7, 2022
Debt consolidation
Debt Consolidation: What is it?

The purpose of consolidation is to get a lower interest rate so you can pay off your debts faster and for less money. Most people start looking for consolidation loans when they find themselves only being able to make minimum payments on their cards.

Sep 18, 2020
Collections Letters
9 Tips for Dealing with Debt Collectors and Collection

It’s something most consumers dread, a debt collector calling to ask about an unpaid credit card debt, past due student loan or medical debt. Here are 9 tips for dealing with debt collection […]

Apr 9, 2020
Write a debt settlement letter
How to Write a Debt Settlement Letter

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 your debt balance. Here are a few tips to follow[…]

Feb 14, 2020
Avoid Holiday Debt
4 Tips to Avoid Holiday Credit Card Debt

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, which[…]

Oct 2, 2018
Managing Debt
Managing Debt

Managing your debt is something most of us do not even want to think about. It takes time, hard work, knowledge and dedication to get out of debt. However acting as if it doesn’t exist isn’t going to make it disappear. If you haven’t taken a look at your credit report lately, we strongly recommend […]

Feb 25, 2018

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