Nearly 80% of Americans live paycheck to paycheck[1]. That means that a single unexpected expense of even a few hundred dollars can wipe out the average person’s bank account. The free market has created dozens of products to help with (and capitalize on) this issue. Some of them, like paycheck advance apps, can be helpful …
Best Paycheck Advance Apps of 2021: What You Need to Know Read More »
The best personal loans have a balance of affordability and accessibility. Take a look at our favorite options below to find the one that matches your needs. 1. Payoff Lender Site: Financial Wellness & Literacy, Credit Card Personal Loan | PayoffLender BBB Profile: Payoff Inc | Reviews | Better Business Bureau® Profile Estimated APR: 5.99% …
Credit cards can be a blessing or a curse. Unlike student loans, mortgages, and car loans, you can use a credit card to fund just about any purchase. The flexibility, along with rewards and welcome bonuses, is convenient, but it also gets a lot of Americans in trouble. Approximately 55% of Americans are in credit …
How to Get Out of Credit Card Debt Without Paying It All (Or Ruining Your Credit) Read More »
In many ways, credit cards are the most insidious type of debt. Student loans, mortgages, and auto loans produce something resembling an asset, but the purchases we make with credit cards are often the ones we regret the most. And since credit card interest rates are higher than most other forms of borrowing, those monthly …
Are you struggling to keep up with two or more monthly debt payments? If so, then debt consolidation might be the right form of debt relief for you. But before you commit, you probably want to know: “How does debt consolidation work? When does it make sense?” In the simplest of terms, it can replace …
Debt consolidation loans are a helpful tool for people who are struggling to make their debt payments. It can lower their monthly debt costs and eliminate the need for people to juggle different repayment schedules with multiple lenders. But there aren’t that many viable debt consolidation loans for bad credit. Most lenders are less willing …
What Are The Best Debt Consolidation Loans For Bad Credit? Read More »
It’s always bad news when a debt collector comes calling, but it’s even worse when you know you can’t pay. Dealing with debt collectors isn’t something anybody knows how to do instinctually, either. It’s a skill that people have to learn, but it’s worth taking the time to do so.Whether you’re looking for guidance because …
How to Deal With Debt Collectors (7 Tips For When You Just Can’t Pay) Read More »
Payday loans should always be your last resort. They’re shockingly expensive, often bordering on predatory, and tend to trap people in a cycle of debt. Before you even consider using one, explore all of the other options available. For borrowers with no other options who simply must take out a payday loan to put food …
5 Reputable Online Payday Loans & Payday Loan Alternatives Read More »
Maybe even more so than other forms of debt, student loans can feel like a shackle around your neck. They linger for years, often with such high balances that it becomes a simple test of endurance to pay them off. Anything you can do to lessen the load and pay them off sooner starts to …
Student Loan Consolidation: When Should You Consider It? Read More »
In 2020, America’s collective outstanding student loan balance reached $1.56 trillion. To put that into perspective, that’s roughly equivalent to the annual GDP of Mexico. And Sweden. Combined. Even when you divide it among the roughly forty-five million people holding these loans, that’s a lot to handle. So for many of those borrowers, student loan …
