The Debt Lawyers Blog
Publications on student loan debt, credit card debt, credit report errors and more.
What to Do If You Have Been the Victim of ID Theft
Imagine you’re at a retail store and decide to open a credit card with them to save some money. You’re denied, but you can’t imagine why. You have a great score, and you pay the full balance on your bills every month. Then you remember. For the past few weeks, you’ve been receiving dozens of calls from collection agencies asking for money but...
Are There Benefits to Using a Personal Loan to Pay Off Student Debt?
If you are struggling to make regular and on-time student loan payments, you are not alone. Graduates in the U.S. collectively hold $1.6 trillion in student loan debt, and the changing economy has made the burden of student debt increasingly difficult to manage. As a result, many graduates are looking for ways to refinance their debt. If you are...
How to Decide When You Need a Student Debt Lawyer
Today, 44 million graduates are burdened with student loan debt. Student loan debt is one of the most common sources of stress and anxiety for young people, and for many graduates, it completely consumes their finances. If you are stuck in a crippling student loan debt cycle, you should contact a student loan attorney and discuss your options....
How to Pay Off Student Loans When You’re Self-Employed in Arizona
Being self-employed indeed comes with pros and cons. On one end, you’re able to be your own boss, design an ideal work environment and schedule, and have the freedom to make meaningful decisions about your business. On the opposite end, it’s hard work—and you’re generally living off a variable income stream. On the typical biweekly payment...
Student Loan Rehabilitation Program Explained
Loans enter default when borrowers fail to pay or miss multiple payments toward their loan balance over a specific period of time. Defaulting on student loans may present complications between a borrower and creditor and also leave borrowers in a sticky financial situation. When you’re in default on your federal student loans, you lose access to...
What Are the Most Common Ways of Financing a Small Business?
Many people dream of one day owning their own business. But there’s one question you need to answer: How will you fund your business? There are plenty of options to choose from, but as with everything in life, there are pros and cons. Outlined below are some of the most common ways to finance a small business. While owning your own business may...
How Can Student Loan Debt Impact My Credit Report?
Many graduates are unaware that their student loans appear on their credit reports. How you manage your student loans can have a big impact on your credit report, and in turn, your ability to rent an apartment or get hired for a job. Graduating with student loans can be overwhelming. However, to maintain a healthy credit report, it is essential...
How to Hit the Brakes on Student Loan Wage Garnishment in Arizona
Most federal student loans have a standard ten-year repayment term. However, many graduates find themselves unable to afford their monthly payments to pay off their loans within that time frame. As a result, many borrowers go into default. When you default on your student loans, the federal government can collect the money through other...
How to Effectively Dispute Inaccuracies on Your Credit Report
The Federal Trade Commission estimates that one in four American consumers have errors in their credit report. Unfortunately, most Americans remain unaware of credit report errors until they try to get a loan or rent an apartment. Just one error on your credit report can make it challenging to build trust with a lender, landlord, or other credit...
