High-interest debt can be frustrating to deal with, especially if you’re trying to turn things around with your finances. Trying to tackle debt when you have high interest rates on your balances can lower your chances of overall success with your efforts. One way to make debt a little more manageable is to use a […]
Owing a debt can feel stressful — especially when debt collectors constantly call, making you dread the very sound of your ringtone. You don’t have to put up with calls at all hours or even take calls at all. There are laws designed to protect you from unfair practices and help you restore your peace. […]
When you’re struggling to pay off your debts, relief such as debt consolidation can be a great option. A debt consolidation loan allows you to consolidate your existing debt into a single loan. Not only can you reduce the number of monthly payments you’re making, but may also be able to get a lower interest […]
The Federal Reserve has begun to raise the nation’s main interest rate, and that means consumers with debt will need to act fast if they want to avoid rising monthly payments. As the federal funds rate rises, interest rates on some types of debt will move higher. That means people who hold these debts likely […]
When trying to figure out how to tackle debt, it can feel challenging to get a handle on how much to carry and determine when you’re moving into a zone that’s financially dangerous. One way to evaluate your debt is to use the 20/10 rule. Here’s how the 20/10 rule works and how it can […]
