Category:
Understand Debt

Your debt is daunting enough on its own. But when you’re trying to pay it off with earnings that don’t equal or exceed your monthly bills, it feels even more…

Most people know when they have fallen behind on debts, so it’s seldom a surprise when the phone rings and it’s a collection agency on the other end of the…

Payday loans offer a fast but expensive and sometimes dangerous way to borrow money. The Consumer Financial Protection Bureau (CFPB) calls a payday loan a “short-term, high-cost loan” that typically…

If you’re anxiously waiting on your next paycheck but need money fast, one question might pop into your head: “Is getting a payday loan a good idea?” Quick answer: Only if you’re…

Debt collection is what happens when you fall far enough behind on your required payments, especially credit cards, and creditors bring in a third-party agency to recover what you owe.…

Americans’ credit card debt is approaching a record $1 trillion,  delinquencies on auto payments are escalating, and steadily climbing interest rates only make matters worse for consumers struggling with credit…

Just because you’re retired doesn’t mean you won’t need a loan, but senior citizens may wonder if it’s still possible to get one if they’re on Social Security. The question…

Not having money to pay bills is stressful. Calls from a collection agency looking for payment add a level of stress and anxiety that can be debilitating, particularly for seniors,…

There’s an inspirational quote about retirement not being the end of the road, but instead the beginning of an open highway. It’s an uplifting thought for folks after years of…

If you’re getting calls from a debt collection agency, it’s at best irritating and at worst frightening. The best way to stop the phone from ringing is to verify the…