Remember making a budget when you were just getting started in life as an adult? Thinking back, you realize you had no budget and you wonder how in the world you were able make it on the income you were making. Trouble is, today, you find […]
National Student Loan and Credit Report Debt Attorney
If you are among the 3.3 million Americans with defaulted student loans, do not lose hope. Certainly, the frequent phone calls by your creditor, the knocking at your door, wage garnishment, legal action and similar situations can be intimidating and can cause you a lot […]
When handled properly, debt consolidation can simplify your life and can eventually improve your financial standing.
Debt consolidation is the process of taking out one loan to pay off several loans. It is consolidating your debts to one payment.
Debt settlement is the process of settling or paying debt for a certain sum of money. It is also known as debt arbitration, debt negotiation or credit settlement.
The debtor and creditor often agree to a certain amount, often a reduced amount, to […]
In this day and age, a lot of Americans are struggling with medical debt. A study by Nerdwallet, a price-comparison website, revealed that in 2014, two million Americans suffered bankruptcies due to unpaid medical bills.
Recently, a similar study by the Harvard Medical […]
According to Pew Charitable Trusts, twelve million Americans use payday loans every year.
A payday loan is a short term, high interest loan designed to bridge the gap between paychecks when you have an immediate need for cash. The Federal Reserve has reported that nearly half […]
A collection account is one that has been sent out by your original creditor to the collection agency after you have missed several payments. This normally happens when you ignore creditor’s letters or calls or when you are unable to work out a payment or settlement plan […]
A second mortgage is a lien on a property that is subordinate to an existing first mortgage.
A loan to acquire a home is usually the first lien recorded on a property. Subsequent loans generally require […]