Millions of Americans are currently struggling with the cost of living. Medical bills, rent, inflation and other factors can all result in debt spiraling out of control. One aspect that is often overlooked is the impact debt can have on your health. Debts have been...
Credit Card Debt
When can your salary be garnished in Tennessee?
Losing a portion of your income can be tough, especially if you are going through hard financial times. However, if you are unable to pay your debts, one of the options your creditors can consider is getting into contact with your employer for purposes of making...
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...
Credit card debt could help or damage your credit score
If you have credit card debt, the chances are that the debt you carry could influence your independence. Using credit in the right ways can help you boost your credit score and get you better interest rates on loans such as your mortgage or vehicle loan. However,...
Young adults often develop credit card debt early in independence
Moving out of a childhood home is one of the first major steps toward adulthood. However, it has become increasingly expensive to do. The cost of living independently often forces young adults into significant credit card debt. Although historically older adults with...
Why should you avoid cash advances if possible?
When you receive a credit card in the mail, it will usually come with a list of terms and conditions that govern it. One of the things that you’ll notice is that you have the ability to get cash advances from your credit card. This might seem like a good thing, but it...
Can you reduce your credit card debt through negotiations?
Most people with overwhelming debt look to manage it without resorting to bankruptcy. Wanting to pay your bills is honorable and shows that you're not looking to avoid your obligations. Like most debtors, you may only need some help managing your financial situation....
Credit cards make you spend more
In many ways, credit cards are very useful tools. They make it easier to shop online, they allow you to have the money you need on you at all times and they offer rewards and cash back to give you some nice perks that you wouldn’t get with cash. Unfortunately, there...
Tips for credit card spending
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...
How To Recover From 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...