Student loan debt in the US amounts to a number that exceeds $1 trillion. Consequently, if you are feeling overwhelmed by your financial obligations, you are most likely not on your own. Substantial debts can obstruct your ability to move forward in life. For...
Month: November 2021
Watch out for the damage of holiday credit card debt
With the holidays approaching, now may be a time when you’re looking to buy gifts or to travel. Everything that you do over the holidays could end up being too much for your regular income, so like many people, you may turn to your credit cards. Paying off that...
Does medical debt actually get reported?
Many people believe that medical debt is reported to the major credit bureaus and will result in damage to their credit scores. However, this isn’t necessarily true. In fact, medical debt won’t be reported to the credit bureaus as long as it stays with the original...
Can widespread student loan debt forgiveness become a reality?
Americans mired in student loan debt have been anxiously watching to see if the current administration and Congress act on their assurances that they want to do something about the devastating toll that this debt takes on so many people. President Joe Biden has...
How long will your bankruptcy filing stay on your credit report?
Individuals who would benefit from filing for personal bankruptcy often put off filing until they have no other choice. One of the reasons people procrastinate when it comes to filing bankruptcy is that they believe the myth that bankruptcy will permanently destroy...
