The average American has a little over $90,000 in consumer debt, though some U.S. households owe much more than that. If you need debt relief, debt settlement is often one of the fastest — and least expensive — solutions. But most people don’t understand how it works. Key points Featured Solution: DebtHammer Disclaimer: Credit Summit […]
Debt Settlement: Is it the Fastest Way to Get Out of Debt? Read More »
Credit cards can be both a blessing and a curse. Being able to fund whatever you need in the moment can truly be helpful, especially during emergencies. Unfortunately, it is much harder to pay off the debt you’ve racked up than it was to build it. And Americans have racked up a lot of credit
14 Ways to Get Out of Credit Card Debt Without Destroying Your Credit Read More »
About 70 million Americans have at least one debt in collections, and depending on the state, they account for 20% to 51% of civil court filings. The debts are usually relatively small: According to the Consumer Financial Protection Bureau (CFPB), the average debt in collections is $382. But that doesn’t make the debts any easier
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Do you have severe debt problems? Are you underwater with credit card debt, have a mortgage you can’t manage, unpaid medical bills, outstanding personal loans, and other unsecured debt, or have your wages garnished? According to statistics from the Administrative Office of the U.S. Courts, the September 2021 annual bankruptcy filings totaled $434,540. Filing for
Types of Bankruptcies Explained: Which (If Any) Fits You? Read More »
Carrying thousands of dollars in credit card debt has become the norm for most American households. If you’re struggling to keep up with monthly bills and make scores of payments each month, it’s time to consider debt management. Will A Debt Management Plan Help You Get Out of Debt? Debt management sounds pretty easy. It’s
Debt Management Plans: Are They Your Best Option for Debt Relief? Read More »
You may have seen TV commercials for National Debt Relief — “Lindsay H. reduced debt by 40%,” or “Michelle V. reduced debt by 35%.” Sounds great, right? National Debt Relief is a well-known and accredited debt settlement company. Unfortunately, despite the much-touted success stories, there are a lot of people who say “National Debt Relief screwed
National Debt Relief Screwed Me: How to Get Out of a Debt Settlement Contract Read More »
TurboDebt offers a heavily advertised program promising fast, cost-effective debt relief. Do they deliver? Key Points Hot take: TurboDebt has some advantages but may not be the lowest-cost option for debt relief. It’s a legitimate company that has earned an A rating from the Better Business Bureau and five out of five stars on Trustpilot.
TurboDebt Review: Pros, Cons, Features, Ratings & More Read More »
Credit cards allow you to spend more than you make, and that’s how people quickly find themselves in debt. If your monthly payments are overwhelming and you’re considering debt settlement, it’s important to understand how the process affects your credit score. Key Points How Far Will Settling Credit Card Debt Knock Down Your Score? Debt
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Delaware charges no local or state sales taxes, but residents of the small state have still racked up a fairly significant amount of debt. The state’s average per capita debt balance is $61,490. If you’re a Delaware resident who is struggling to repay debt, here’s everything you need to know to become debt-free. How to
2023 Guide to Debt Consolidation and Relief in Delaware Read More »
Alabama residents have an average personal debt of $67,670, including mortgage debt or student loans. That’s the ninth-highest total in the U.S. Although it’s not the country’s highest, many Alabama residents struggle to repay their debts. If you’re one of them, here’s everything you need to know to become debt-free. How to Become Debt-Free in
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