debt

Students Willing To Give Up Vacation For Loan Relief

Student loan debt is the highest it has ever been in the United States. According to the Federal Reserve, it is the second-highest consumer debt category, second only behind mortgages. So it’s not hard to believe people would go to extra lengths to get rid of their debt including going to jail. A...
Read More

Study Shows Grads Would Rather Spend Week in Jail Than Pay Student Loan Debt

Would you rather stay in jail for a week or pay off your student loan debts? CBS Local reported that a study said that four in five graduates with student loans think of the debt as a life sentence. WKRG News , an affiliate of CBS, reported a study that 1,000 undergraduate and postgraduate degree...
Read More

Dealing With Debt Collectors

According to the U.S. Consumer Federal Protection Bureau and the National Consumer Law Center, 33% of U.S. adults with credit had debt in collection in 2016, with unemployment, divorce and unanticipated hardships leading the reasons for collections. However how debt is collected tops the list of U...
Read More

Beware Of In-Store Credit Cards

Some of the biggest shopping days of the year are rapidly approaching and retailers will take full advantage of every second of it. You may find yourself tempted to get an in-store credit card, which can have its advantages, however with the average annual percentage rate (APR) for retail cards now...
Read More

1 in 5 Adults Feel Physically Ill About Debt

If you feel stressed out about your debt, you are not alone. According to new data released by Northwestern Mutual on Tuesday, a significant percentage of Americans are carrying large amounts of personal debt—and feel guilty about it. Millennials on average carry $27,800 in personal debt, most of...
Read More

Use Your Gift Cards Now

Birthdays, Christmas and even thank yous sometimes come with gift cards. Chances are they're all sitting in a drawer somewhere in your home not being used. One financial blogger is on a quest for all of us to cash in on gift cards as soon as you get them. The reason is simple, you are providing the...
Read More

Financially Preparing For A Child

It costs an estimated $233,610 to raise a child through age 17, according to government data. It’s no wonder that some couples are second-guessing on when to start a family. The truth is, you're never really financially ready to raise a child (or children). A recent survey found that 42% of parents...
Read More

Nearly Half Of Americans Feel Pressure To Overspend During The Holidays

Spend, buy, debt. These are words that many Americans associate with the holidays. However a new survey finds a growing number of people are fed up with the pressure. 45% of gift shoppers feel pressured to reach deeper into their wallets than they’re comfortable with, according to the 2018 Bankrate...
Read More

What Is Your Net Worth?

A recent study found that only 25% of young adults know what they're net worth is and that can lead to some financial troubles down the road. Considering the majority of American have little to no savings it can be an eye-opener for older people too. Simply put, your net worth is is your value...
Read More

Meaningful Ways To Pay Off Debt

It's easy to go overboard when shopping for the holidays and now it's time to pay for all that splurging. Here are some tips to pay down and off those shopping sprees faster. Look to transfer your credit card balance to a zero interest card. While most banks charge a transfer fee to move a balance...
Read More

Pages