Filing for bankruptcy is the route to take when you can’t pay back a debt that’s become difficult to manage. According to Capital One, a major downside is that bankruptcy can stay on your credit for seven to 10 years, depending on your credit reporting agency. So, what can you do to get your credit … Read more
Debt is a heavy burden. Not only can it weigh down your finances, but it can also impact your relationships and plans for the future. However, you don’t need to let it take over your life. If you are showing any of these 5 signs that your debt is out of control, it’s time to … Read more
Growing up, my dad drilled certain financial lessons into us kids. First, live below your means. Second, put at least 25% of your paycheck into savings or an investment account. Third, protect your credit score. These are all great pieces of advice. However, I never really understood how credit worked and felt stupid asking. Unfortunately, … Read more
If you have several loans, you have probably have looked into debt consolidation. For some, it is a good option to get out of debt. But, is it always better to have one big loan or, could multiple small loans be the better option for you? Advantages of Having Multiple Small Loans Many people will … Read more