The Debt Lawyers Blog
Publications on student loan debt, credit card debt, credit report errors and more.Debunking the Top Myths About Student Loan Debt in Arizona
Paying back your student loans can be an overwhelming process to navigate. To make things harder, there is no shortage of student loan repayment misinformation and myths floating around that can easily result in costly mistakes. Often, speculation about student loans prevents borrowers from reaching out for help when they need assistance. If you...
What Is the Average Student Loan for Medical Students in Arizona?
Medical students carry some of the highest student loan debts in the world. If you’ve opted for a career in the medical industry, there’s no doubt the cost of education is intimidating and may have left you with no other choice but to take student loans. Although it seems discouraging initially, don’t let these staggering numbers deter you from...
6 Ways to Repair Your Business Credit in 2021
If you want your business to succeed, then building and maintaining good business credit is crucial. Clients may not pay for services, or equipment may break, putting more of a financial burden on you. It’s frustrating, but it’s the reality of owning a business. To move on, you may want to repair your business credit, but this is different from...
Can Unemployment Deferment Help Me Manage My Student Loans?
Millions of graduates across the country are struggling to make their student loan payments on time. Unemployed graduates are especially at risk for becoming delinquent on their loans. If you currently lack employment and are concerned about managing your monthly payments, you may be wondering if unemployment deferment can help you manage your...
When to Choose a Line of Credits vs. a Credit Card for Your Business
Whether you’re starting a business or looking to grow one, you’re most likely going to need some form of credit. A business credit card is a popular tool for owners who need quick access to cash. On the other hand, a business line of credit could also be a good option. While credit is great for business owners, you must remember to pay the money...
Will Leaving the Country Affect My Student Loans?
As the cost of college increases, a student-loan crisis looms over the United States. The problem with student loans is that it doesn’t allow recent graduates to take risks, test different career options, or follow dreams. Instead, they accept their first job offer to alleviate student loan debt as fast as possible. If you’re struggling to pay...
How to Avoid Getting Scammed by Debt Relief and Credit Repair Frauds
Falling behind on your credit card bills or loan payments can be overwhelming. Some people experiencing debt choose to work with a debt settlement company. Often, debt settlement companies promise to settle your debt for less than the amount that you owe. While this can be an alluring offer, many debt settlement companies use deceptive practices...
How Can a Credit Lawyer Help Me Manage Unfair Items on My Credit Report?
In a study conducted by the Federal Trade Commission, researchers found that five percent of consumers had an error on one of their three credit reports. The researchers of this study described the results of their findings as “eye-opening” for American consumers and warned of the effect credit report errors can have on a person’s credit score...
Should You Close a Credit Card After Paying Your Debt?
Paying off a credit card is a great feeling and frequently the first step to financial freedom. However, you may think to yourself: “What next?” Should you keep the card open or close it entirely? It may be tempting to leave it open as an emergency fund, but the temptation credit cards cause make them poor emergency funds. Instead, you should aim...