Learn how to effectively wield the two-edged sword called debt.
Do you have medical debt? You might have heard of the statute of limitations – it’s a legal rule that prevents creditors from pursuing you for payment. Read this article to learn everything you need to know about the statute of limitations on medical debt. What is a Statute of Limitations? A “statute of limitations” …
What is the Statute of Limitations on Medical Debt? Read More »
“Well, at least he died doing what he loved to do,” goes the oft-quoted refrain when a loved one passes. Of course, if you ask the deceased individual, they’d probably really rather have died doing something they hated. Seriously, think about it. Would you really want to die in the middle of doing something you …
Without Fanfare, Equifax Makes Bankruptcy Change That Affects Hundreds of Thousands For years, an Equifax policy has treated some Chapter 13 filers differently than the other two major credit rating agencies. After ProPublica asked about it, the company said it would change the policy. By Paul Kiel, ProPublica For what appears to be decades, the credit …
When you go through dire financial straits, and you’ve fallen behind on your monthly loan payments, you feel like there’s nowhere to turn. One probable option to streamline your soaring bills and get organized is debt consolidation. It allows you to roll over several debts into a single loan with a lower rate and an …
Top 10 Debt Relief, Settlement and Consolidation Companies for 2016 Read More »
Broke. Touching down in Denver on a flight from Korea in 1994, that reality struck me like a lightning bolt. Arriving at Fort Bragg, North Carolina a few weeks later – following a short visit with my family in Denver – the first observable instance of my new financial situation presented itself as I had …
Scourge: noun [skurj] A cause of affliction or calamity. There is no doubt about it, student loan debt is a scourge, particularly for Millennials. A recent TransUnion study found that a decade ago, student loans accounted for only 12.9% of the total debt load carried by people ages 20 to 29. It now stands at 36.8%. Moreover, the average student loan …
Debt: noun\’det\ An amount of money that you owe to a person, a bank, a company, etc. The state of owing money to someone or something. The fact that you have been influenced or helped by someone or something. When we hear that word – debt – most of us think of the first definition and cringe. …
Documentary: In Debt We Trust (2009). While a large number of Americans carry a certain amount of personal debt, very few are really aware of just how common and widespread the debt crisis has become. This documentary takes an in-depth look at the relationship Americans have with their credit cards and discusses how shopping, and rabid consumerism, has …
