Can You Beat Debt with Debt Consolidation?

Debt is the bugbear to saving and investment. A debt burden is disadvantageous at many levels, including financial, emotional and in interpersonal relationships. Let’s go back a few years and look at US Household debt. Some two thirds of US households are in debt, with the median household debt averaging around $70,000. Of course, this […]

How to be Lannister and Pay Your Debts on Time

A Lannister always pays his debts. Perhaps you should too. It may sound obvious to state, but paying back certain loans on time is the best way to keep debt from spiraling out of control. If you ignore certain debts, they will only increase over time. In the end, you could be facing an eviction […]

5 Expenses to Easily Cut from Your Budget Now

If you have a budget you are already ahead of the game, as only a third of Americans actually have one they follow, which means that two-thirds of the population is just winging it every month, which cannot leave much money left over each month.  In fact, according to a recent survey by GOBankingRates.com, 69% […]

Signs that You’re Drowning in Your Student Loans

Student loan debt has reached unprecedented heights in the U.S. More and more young people are entering adult life with massive debts on their hands. Some college grads are in hundreds and thousands of dollars in debt even before they have landed a first job. Still, certain segments of college grads believe that they will […]

Lies and Excuses All Lenders are Familiar With

Lending money to others is not the most ideal business to be in. Debtors will find any excuse to either borrow more than they can repay, or to never repay at all. Experienced moneylenders have been in the business long enough to know the crazy excuses many debtors use. Most ignore the lies when they […]

Keep Firm Control of your Unsecured Debt

Credit card debt severely impacts on an individual’s credit score. Figures suggest than in the USA consumers have generally failed to keep control of their spending. What more evidence do you need than the fact that the average credit card debt is over $6,000 and that includes users who always pay off their balances in […]

Dealing with Student Loan Debt

This year, 2016, has not even ended yet, but a class of 2016 graduates has already incurred about $37,172 in student loan debt, which is about 6 percent higher from 2015. Right now, over 43 million Americans are in debt because of student loans, and the amount they owe is over $1.3 trillion. Yes, America […]

5 Signs That You Suck at Using Credit Cards

Who doesn’t have a credit card nowadays? They are convenient, great for building credit, and you can only purchase some items with a credit card to help you pay for them (if you’re careful). But, just because you have a credit card, it doesn’t mean you are using it right. In fact, you might suck […]

5 Reasons to Protect Your Credit Score

Your personal credit rating follows you through life, reflecting your history of credit interactions. From an early age, your performance managing phone contracts, car loans, credit cards balances and other forms of consumer credit form the basis for your rating. Each positive entry fortifies your financial reputation, slowly helping your credit score inch upward. Late […]

Staying Positive During Debt – A Quick Guide

It seems like there’s nothing more stressful or depressing than being in debt. You become overly concerned about spending money, uncertain about your financial future, and feel guilty and insecure all the time. I’ve seen people succumb to such feelings, and ending up even worse than before. So, it’s very important to you that you […]