On behalf of Mark T. Young & Associates | Sep 24, 2020 | Credit Card Debt
Thousands of hardworking Americans face financial pressure every day of their adult lives. Their precarious monetary balance can be upset by significant life events such as job loss, demotion, divorce, home repairs or medical emergencies. Unfortunately, unexpected...
On behalf of Mark T. Young & Associates | Sep 10, 2020 | Credit Card Debt
The average household in Tennessee is over $7,000 in credit card debt. It was reported that at the beginning of 2020, the national total of credit card debt was over $1 trillion. Many Americans struggle with this type of debt and it can quickly become an overwhelming...
On behalf of Mark T. Young & Associates | Mar 24, 2020 | Credit Card Debt
Millions of people have been or are expected to be affected by the current pandemic. In addition to those diagnosed with the virus, many more will feel financial effects through layoffs or having their work hours reduced. If you are experiencing those repercussions,...
On behalf of Mark T. Young & Associates | Feb 18, 2020 | Credit Card Debt
Credit is tempting to think of as free money, so long as you pay the minimum payment on your cards each month. When you’ve maxed out one card, it’s easy to open another. Yet you may find yourself facing bankruptcy if you rely on credit cards to finance your lifestyle....
On behalf of Mark T. Young & Associates | Nov 6, 2019 | Credit Card Debt
Credit card debt can sink financial solvency and lead to bankruptcy. There is currently $1 trillion of credit card debt in this country. But there are workable ways to pay off credit card bills. The avalanche method starts with paying off the credit card rate with the...
On behalf of Mark T. Young & Associates | Oct 24, 2019 | Credit Card Debt
Having a new credit card can provide perks and better credit. But this can also lead to problems such as credit card debt and a bad credit score. The best reasons for opening a new credit card include new member bonuses such as bonus points, miles, and cash back....
On behalf of Mark T. Young & Associates | Oct 17, 2019 | Credit Card Debt
Falling behind on credit card debt is a growing problem, especially for “millennials” who use them to pay for living expenses that are not covered by their paychecks. More consumers are using credit card debt consolidation to pay off their unpaid credit...
On behalf of Mark T. Young & Associates | Aug 29, 2019 | Credit Card Debt
Many people in Chattanooga and Eastern Tennessee who wonder about filing a petition for bankruptcy are struggling under a mountain of credit card debt. They may have heard that bankruptcy offers protection from credit card companies that are trying to collect on these...
On behalf of Mark T. Young & Associates | Jul 7, 2019 | Credit Card Debt, Firm News
Owing a significant amount of debt is frustrating, especially if your financial frustrations are the result of things that are beyond your control. For example, you may find yourself facing significant medical debt after a sickness, extended stay in a Tennessee...
On behalf of Mark T. Young & Associates | Jun 6, 2019 | Credit Card Debt
Even when a person makes a good living, financial troubles can make their way into his or her life. It is easy to charge items to a credit card. While this form of payment is useful in certain situations, it can get out of hand in others. This is where credit card...
