Your vehicle is one of your most important possessions. Without it, you might lose your job or not be able to take care of your family properly. If you are like many working professionals, you don't fully own the vehicle that you drive. It is a financed vehicle on...
Filing bankruptcy can help you when your financial situation gets out of control. However, it can also cause your credit score to fall. While this may be disappointing news, the truth about how bankruptcy impacts your credit score may help you see why filing may be...
Most people find having revolving lines of credit to be a necessity in the modern economy. Credit cards help people balance budgets when they don't have enough income one month or have unexpectedly high expenses. People can borrow money in a short-term manner for...
Filing Chapter 13 bankruptcy provides relief from your debt and can help you get back on secure financial footing. When you file for this type of bankruptcy, it’s important to realize that not all debts are created equally. In some cases, there are debts that don’t...
Many people don't realize what kind of aggressive collection efforts are legal until they fall far behind on one of their financial accounts. If all you have had experience with so far has been vaguely threatening letters and repeated phone calls to your house and...
Tough economic times haven't been easy on anyone's finances. You currently might be in a situation where, in addition to your living expenses, you are drowning in student loans, car payments, credit cards, and possibly even medical debt. You are trying to work through...
If you're interested in bankruptcy but you're still earning a wage, you may find out that you don't qualify for Chapter 7 bankruptcy. You simply earn too much money to use this, even though you still feel that you have too much debt to pay off. It puts you in...
Your credit card balance is close to the upper limits for the available credit that you have. Then you get a letter in the mail offering you a new credit card or extending an offer from an existing card provider allowing you to transfer the balance that you owe. The...
Student loans can amount to tens or even hundreds of thousands of dollars in personal debt, which you may have started accruing when you were barely 18. Investing that much money in higher education does not guarantee that a student will later find appropriately...
Having your own home isn't just the American dream. It is also an important step for those who want long-term financial stability. Unlike a monthly rental payment, which can increase with little warning, what you pay for your mortgage every month will typically remain...
