Have you ever been told a story and it just keeps going? Even years later, you hear the same story over and over again. Professor Harold Pollack wrote what we would call today a viral financial 3×5 card. Professor Pollack stated in a video chat with personal finance writer Helaine Olen. He explained in the […]
U.S. Debt Adds $92 Billion Throughout 2017, Surpassing $1 Trillion
The national credit card debt sets an all-time record high after a $92 billion increase throughout 2017. According to ABC News, for the first time in history, the overall credit card debt in the United States has surpassed $1 trillion. “We haven’t seen anything like this,” said Jill Gonzalez, a senior analyst at WalletHub. “Consumer confidence is at […]
Should You Take Out a Loan To Consolidate Your Debts?
Sometimes simplicity can be deceiving or perhaps short lived. Keep that in mind when contemplating whether you’ll benefit from a debt consolidation loan or program. Consider debt consoidation the last measure before bankruptcy, liens, wage garnishing, and even foreclosures — all of which put black marks on your credit reports for at least seven years. Why […]