Category:
Debt Consolidation

Balance transfer credit card on scale

What Is a Balance Transfer Credit Card?

By Joey Johnston | September 3, 2020

Feeling frustrated and overwhelmed by credit-card debt? You aren’t alone. According to a Bankrate survey, 30% of American households have more credit-card debt than money in savings. With the average…

If you debt keeps piling up, then you need to consolidate your debt to help become debt free.

Debt Consolidation Loans: How To Consolidate Your Debt

By Joey Johnston | August 4, 2020

About Consolidating Your Debt With A Loan If you have trouble making ends meet, if your stack of monthly bills is covering every inch of the kitchen table, if the money…

Family hands exchanging money

Borrowing Money from Family & Friends

By George Morris | July 16, 2020

Lending money to family and friends ranks near the top of the list of things that shouldn’t be done without careful thought. And what, you ask, ranks just as high?…

man managing his debt consolidation loans online

Online Debt Consolidation

By Joey Johnston | March 5, 2020

What Is Online Debt Consolidation? Consumers who want to consolidate debt, can expedite the process by using online tools to enroll in either nonprofit debt consolidation (better known as a…

Medical Debt Money

Medical Bill Consolidation

By George Morris | October 10, 2019

Do not despair if medical bills make you feel ill. There are cures for the plague that is America’s medical debt epidemic. How widespread is this issue? Americans spent $4.7…

Consolidate Credit Card Debt Without Hurting Your Credit Score

How to Consolidate Credit Card Debt Without Hurting Your Credit

By Tom Jackson | September 6, 2019

Keeping up with your debt payments and, ideally, paying down what you owe, is a crucial aspect of your financial life. Staying current makes it easier to rent an apartment,…

Couple contemplating borrowing from life insurance policy

Borrowing from Life Insurance to Consolidate Debt

By Tom Jackson | August 30, 2019

When was the last time you considered your life insurance policy as a bailout for credit card debt? “WHAT?” Use an insurance policy to pay off credit card debt? Yes,…

Know your options for paying off your debt

Home Equity to Consolidate Debt

By Heather Eggers | August 22, 2019

That creaking, groaning sound you hear when you dare peek at the interest you’re paying on your credit card balances isn’t your imagination. It’s your financial roof threatening to cave…

Withdraw Money 401k

Can I Cancel My 401K and Cash Out While Still Employed?

By Robert Shaw | July 30, 2019

Money saved in a 401k plan has multiple benefits, often growing unnoticed through pre-tax payroll deductions and employer matches. It can be a comfort to see just how much you…

Man on a mountain of high interest rates looking at a refinancing flag

Credit Card Refinancing

By George Morris | July 12, 2019

About Credit Card Refinancing Interest rates are never as low as we’d like — or sometimes need them to be – but credit card refinancing is one step consumers can…

Sources:

  1. Carrns, Ann (2018, January 12) Pay Down Those Credit Cards, Before Rates Rise Further. Retrieved from: https://www.nytimes.com/2018/01/12/your-money/credit-cards-debt.html
  2. N.A. (ND) Balance Transfer Credit Cards. Retrieved from: https://www.experian.com/blogs/ask-experian/credit-education/balance-transfer-credit-cards/
  3. Sandberg, Erica (2018, May 2) How are minimum payments determined on a 0 percent balance transfer card? Retrieved from: https://www.creditcards.com/credit-card-news/minimum-payment-0-percent-balance-transfer-card.php
  4. Schulz, Matt (2018, December 12) CompareCards.com 2018 Balance Transfer Credit Card Report. Retrieved from: https://www.comparecards.com/blog/balance-transfer-credit-card-report/