Category:
Debt Relief
There are two terms that consumers with blemished credit reports should be careful with: credit repair and credit counseling. Credit repair companies are to finances what car repair is to…
Surviving paycheck-to-paycheck in America is simultaneously commonplace and scary. But this doesn’t mean people just scraping by can’t overcome the debt that threatens to swamp them. All it takes is…
Facing a mound of piling debts each month is an exhausting process. You may be tempted to throw chunks of your paycheck at your auto loan one month and then…
Pros and Cons of Debt Consolidation and Credit Counseling The short answer to that question is: Yes. As flippant as that sounds, it can’t be stressed enough that if your…
Federal and state laws provide bankruptcy as a remedy for unmanageable debt, but the price you pay to clear away financial obligations is a steep one. Filing for bankruptcy will…
You’ve tried it all – eating Raman noodles twice a day, creating a budget, cutting your cable TV – but despite those efforts, your credit card debt kept growing and…
Flip through the channels on your TV, and you’re bound to see an ad offering debt relief. Why? American families in debt have a lot of it … and many…
If bankruptcy is in your future, there are tools online to help you navigate the maze. However, filing for bankruptcy is far more involved than ordering a two-topping special from…
Nowadays, we do everything online. We pay the bills, shop for groceries, and order Chinese food without leaving the comfort of our couch. Doing things online is just plain easier…
Is your small business having cash flow challenges? Have you seen the tempting ads for merchant cash advances? If your answer to both questions is “yes,” be sure to consider…
Sources:
- Carrns, A. (2019, May 10) Beware of Credit ‘Repair’ Companies, Consumer Watchdogs Say. Retrieved from https://www.nytimes.com/2019/05/10/your-money/credit-repair-companies-complaints.html
- Porter, K. (2019, August 14) How do credit repair companies work? Retrieved from https://www.creditkarma.com/advice/i/credit-repair-companies/
- (2017, June 8) How can I tell a credit repair scam from a reputable credit counselor? Retrieved from https://www.consumerfinance.gov/ask-cfpb/how-can-i-tell-a-credit-repair-scam-from-a-reputable-credit-counselor-en-1343/
- NA, (2018, March) Fixing Your Credit. Retrieved from https://www.consumer.ftc.gov/articles/fixing-your-credit
- Brown, D. (2016, September 23) How to avoid credit repair service scams. Retrieved from https://www.consumerfinance.gov/about-us/blog/how-avoid-credit-repair-service-scams/