Are your wages garnished thanks to a past due debt?

By | Bankruptcy, Consumer Credit, debt management, Debt News, Debt Relief, Debt Settlement, Debt to Income, Income, Personal Finance, Reducing Debt | No Comments

Wages garnished are used to repay debts. Wage garnishment is a judgment by the court making it mandatory that a portion of your income be applied to your debt balance. More than 90% of people who are sued by creditors simply do nothing. Of course, this is probably the worst thing you can do when faced with a judgement. Often…

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Retiring with student loan debt.

Retired Americans still have student loan debt

By | Debt News, Debt Relief, Income, Personal Finance, Reducing Debt, Retirement | No Comments

Let’s cut right to the chase; an alarming number of Americans are carrying debt into retirement, including student loan debt. According to the Federal Reserve, Americans over the age of 50 owed more than $260 billion in student loans in 2018. What’s the average debt of retired Americans today? The biggest threat to retiring Americans today may not be saving…

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Credit viewed for credit cards and auto loans is different

From credit cards to auto loans, credit is viewed differently.

By | Consumer Credit, Credit Card Debt, debt management, Reducing Debt, Unsecured Debt | No Comments

Credit cards seemed like such a good idea at 25… To purchase something with the assurance that you will pay in the future is what’s called “Credit”. Generally in this situation, the form of credit will be credit cards. Actually, credit depends on what you buy and where you shop from. This is the reason why marketing executives and businessmen…

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Setting priorities for your money. Understanding need from want.

By | Credit Card Debt, debt management, Debt News, Debt Relief, Reducing Debt, Unsecured Debt | No Comments

Priorities for your money – Needs before wants. While some of our expenses are naturally more vital than others, some are by our own choices. Most people, especially the younger generation, constantly complain that they don’t have enough money. If you see their income and bank accounts, this really isn’t the case. It’s just they fail to keep track of…

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How to find a credible debt relief company

How do I find a credible debt relief company?

By | Credit Card Debt, debt management, Debt Relief, Debt Settlement, Reducing Debt, Unsecured Debt | No Comments

Sometimes, we need help overcoming debt. When your debt becomes out of control and you don’t know what to do, the best option may be to seek a credible debt relief company. It’s a given that debt settlement may affect your credit, but most people would agree that it’s a better option than bankruptcy. Now the question is, how can…

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Paying debt with cryptocurrency

Cryptocurrency – will we ever pay our debt with it?

By | debt management, Debt Relief, Debt to Income, Reducing Debt | No Comments

Cryptocurrency – a new way to spend At the dawn of a new economy, the 21st century Unicorn termed as ‘Cryptocurrency’ is a side product of Digital cash. While it is being accepted by the overwhelming community of people; even the bankers, consultants, developers, scientists are ignorant of its features. In simple words, Cryptocurrency is a virtual currency, most notably…

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How long will it take my credit to recover from bankruptcy?

How long does it take to recover from Bankruptcy?

By | Bankruptcy, Credit Card Debt, debt management, Reducing Debt | No Comments

Let’s talk about bankruptcy. Bankruptcy is an authorized process supervised by national bankruptcy courts. It’s intended to help individuals and businesses remove all or part of their debt and can also help them save a share of what they are in debt of. Most business or individuals that make this decision, understand that afterwards, they’ll have to recover from bankruptcy….

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The ugly truth about airline miles, cash back, and credit card rewards

By | Credit Card Debt, Credit Card Rewards, debt management, Reducing Debt | No Comments

People are shifting their way of purchasing goods, but are they making a good decision? When we talk about the current credit card market, there are two major things on the rise in recent years. First, card rewards and incentives are increasing, and second, credit card debt is rising in conjunction. Think about it like this: The upward trend in…

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Best budgeting apps to help you take control of your debt

By | Credit Card Debt, debt management, Debt Relief, Reducing Debt | No Comments

How can budgeting apps help you take control of your debt? Let’s get to the point without sugarcoating it—it’s tough to keep record of your finances. With debts to pay, bills to deal with, receipts to track, not to mention keeping your finances in the best condition possible. It’s a lot for anyone to handle, even without sever debt. Many…

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