Category Archives: Debt Management


6 Ways To Improve A Low Credit Score

Having a low credit score tags you as a high-risk borrower and can impact so many facets of your life. Just how can it affect you? It is the determining factor in whether or not a lender will actually lend you money, and it raises the interest rate you have to pay if they do…….
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What Is the Means Test in Bankruptcy?

In 2005, the United States enacted the Bankruptcy Reform Act. Under the new guidelines, the courts are able to make a determination about whether or not you would be able to afford payments under a reorganization of your debt – in accordance with a Chapter 13 filing. One of the largest differences between Chapter 7……
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Cross-Collateralization: When Unsecured Debt Ends Up Costing You Your Car

When seeking the services of a financial institution, many choose credit unions because they generally offer certain advantages over banks. You might get a better interest rate on a loan, a higher credit limit, fewer fees, or more personalized attention. But credit unions also commonly practice cross-collateralization – a term most have never heard of……
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3 Strategies for Getting Debt-Free and Avoiding Debt Problems in the Future

It’s not always easy to keep up with bills. One thing to keep in mind is that staying current with bills is something that many people have to deal with. It’s not your fault if circumstances have put you in a position where you have to make choices between paying one bill and not paying……
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Avoiding Debt Settlement Scams

We are all facing uncertain times during this global pandemic. Some people may have had their hours reduced or perhaps have lost their jobs entirely. As it stands, there are plenty of companies out there that people who are struggling financially can reach out to in order to file for bankruptcy or help get their……
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