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The Debt Lawyers Blog

Publications on student loan debt, credit card debt, credit report errors and more.
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Make Your Credit Cards Work for You

There is a belief out there that credit cards are bad.  While it is true that having outstanding credit card debt is not a good thing since you'll have to eliminate your credit card debt, it is also true that credit is extremely important to your financial health.  Having access to credit and making payments on time helps establish a foundation...

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Private Student Loan Debt Affect Holiday Shopping

If you have private student loan debt, chances are that you are normally strapped for cash. Throughout the year, this can lead to stress and a struggle to cover basic expenses such as rent, groceries, etc. At this time of year, the added pressures of gift-giving, travel, and general merrymaking can really stretch your budget to its limits. Many...

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Problems With Debt Settlement Companies: Freedom Debt Relief

With credit card rising to an all-time high in 2017 at a staggering $1.02 trillion dollars in outstanding debt, Americans are looking for ways to eliminate this overwhelming burden. The emotional stress that debt takes on a person creates depression, anxiety, and fear; making one desperate to change their financial circumstance. Many in this...

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Sticking to a Budget Doesn’t Have to Be Hard

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 yourself making more money and you STILL are having trouble making ends meet. How is that even possible? It...

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How to Pay Off Debts Quicker

Creative Debt Solutions First and foremost, there is no one perfect way to get out of debt.  Every person’s situation is different and needs to be approached with an honest and creative perspective.  It is important to review your money coming in, money going out and then get serious about increasing the one and decreasing the other.  Here are...

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Spend Less Money on Food

Food Is One of the Biggest Household Expenses If you have a family of four you can easily spend $1000/month on groceries every month.  This monthly expense adds up quickly.  If you can cut back on food spending by just $200 a month you could save $2400/a year.  If you can cut back by $400/a month you are looking at a saving of $4,800/a year. ...

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Student Loan Debt Consolidation

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 of stress. Student Loan Debt Relief But you can do something about it. A...

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Debt Consolidation Loans and Debt Lawyer

When handled properly, debt consolidation can simplify your life and can eventually improve your financial standing. Debt Consolidation Loans Debt consolidation is the process of taking out one loan to pay off several loans. It is consolidating your debts to one payment. Credit Card Consolidation Loans This is a good option if you several high...

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Debt Settlement Negotiations: A Primer

Debt Settlement Agreement 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 eliminate the entire liability. The process of debt settlement generally...