Debt in collections can be overwhelming and stressful, but it’s not an impossible situation to fix. If you have unpaid bills that have been sent to a collection agency, you may be wondering what your next steps should be. This comprehensive guide will walk you through how to pay off debt in collections, manage your…
Do you have a personal budget? Budgeting or financial planning is a must-do to keep track of your assets and finances. Budgeting helps in the effective management of finance. As Benjamin Franklin said, “If you fail to plan, you plan to fail”. Setting up a personal budget is one way to safeguard yourself during a…
If you are the type that pays up the bills on your credit card on time each month; do not open & close accounts frequently; always up to date with loan repayment, and stay away from negative financial terms such as being bankrupt and becoming a tax alien, your reward will be a befitting credit…
A debt consolidation loan is a single loan that is used to liquidate or pay off multiple loans or debts. The act of using a single loan to offset other several debts is known as debt consolidation. Such loans come with above-average interest rates that culminate into monthly bills that become uncomfortable for you to…
Do you want to get out of debt and save money quickly? According to Meir Statman, a behavioral economist in a recent statement “getting out of debt is the financial equivalent of trying to quit smoking.” It is important to understand that just like every other bad habit, good intentions alone will not be enough. To…
Debt consolidation is the act and process of taking out one loan to pay off many other loans and bills like credit card bills or student loans. The main aim of debt consolidation is to basically reduce the total amount of loan repayment through interest rate reduction. Many debt consolidation companies, programs, and services have…