From the category archives:

Debt

Mistakes That Hurts Credit Score

Having a bad credit score can hurt you in every area of your life – not just in the ability to take out loans.

Employers in many circumstances can run credit checks, and a bad credit score might be the deciding factor in giving the job you applied for, to an equally well-qualified candidate with a better credit score.

What Is A Credit Score And How Can You Find Out Your Credit Score?

What Is A Credit Score

If you are in debt and concerned about paying it off, you’re probably aware that too much debt, late payments, or worse, missed payments, can negatively effect your credit score.

But what is a credit score? And how can you find out what yours is?

Read the full article →

Pay Down Debt

Pay Down Debt

When you’ve got numerous bills and you need to pay down debt, it can be challenging figuring out which bills to tackle first.

In fact, for many people it is so overwhelming that they put it off completely, making late payments – which  trash their credit – or try to please everyone by writing a bunch of checks that end up bouncing – and none of this ends up being productive.

Read the full article →

The Money Diet

Money Diet

When you want to lose weight, you go on a diet.

When you need to trim fat from your budget, you need to do the same thing – go on a money diet.

Read the full article →

How To Enjoy Your Luxuries And Still Pay Off Debt

Planning A Budget

One of the biggest mistakes that you can make when planning a budget is to only budget for the bare essentials – rent, mortgage, electricity, groceries, car payment, insurance, etc.

Why?

Because you’re not going to stick to a budget like that forever, any more than you are going to stick to a diet of cottage cheese, lettuce and grapefruit forever.

Read the full article →

Deciding if Bankruptcy is Right For You

Declare Bankcruptcy

If you’re drowning in debt, the temptation may be just to throw up your hands, walk away from it all, and declare bankruptcy.

That is TRULY only a last resort, for numerous reasons.

Read the full article →

10 Ways To Raise Some Quick Cash

Raise Quick Cash

If you are in debt and having trouble paying it off, obviously, raising some quick cash can take a little pressure off. It’s always good to have a stash of emergency spending money on hand, or to put some extra money towards your bills.

Read the full article →

Debt Consolidation Loans

Debt Consolidation Loans

If you owe money to multiple creditors, you know what a pain it is to pay numerous bills every month. You’re also probably seeking to lower the total monthly amount that you pay.

Read the full article →

Sneaky Debt Collector Tricks

Debt Collector

Debt collectors are not your friends. Yes, you need to pay off your debts – but you don’t have to put up with being harassed, threatened, intimidated, and stalked.

So here’s some advice and some words of caution.

Read the full article →

First Steps To Paying Off Debt

Payyoff Debt

William Shakespeare had some wise advice regarding debt: “Neither a borrower nor a lender be; For loan oft loses both itself and friend”. Apparently most people in America aren’t listening to him, because by 2008, total household debt totaled $13.8 trillion.

Read the full article →