Debt burdens are not something anyone wants to be faced with, especially when you cannot afford to maintain payments. While debt in personal finances is troublesome, business debts can be far more detrimental. When it comes to resolving business debts, the options are a bit more limited. Dwindling Options Small businesses face tough challenges each  … Read more

When it comes to resolving debt, debt negotiations can be quite effective for many people. However, the process can be time consuming and does require additional effort. The key in any negotiation is preparation and planning, which also includes knowing what your lender needs to see and hear to be convinced to help. Getting It  … Read more

Many people are suffering with overwhelming debts and looking for a way out. While there is something to be said for filing bankruptcy, it doesn’t have to be the first option to consider. Debt negotiations and debt settlement are two options that anyone can review, weighing the pros and cons of each. Negotiations If you  … Read more

Did you know that not all debt is bad debt? In fact, there is a level of debt that is actually financially healthy and beneficial to you. The trouble is that people cross the line and end up with more debt than they can afford to repay, leading to an unhealthy level of debt. Too  … Read more

Debt isn’t always a bad thing, but it can become problematic if not monitored or repaid in a timely manner. The trouble with debt is that many people don’t recognize the problem until it begins to put pressure on their financial situation. Knowing when debt is out of control and when help is needed is  … Read more

Debt relief is something that many Americans are searching for in today’s economy. With personal debt burdens on the rise and the overall increase in bankruptcy filings over the last few years, scam artists have begun using technology to target unsuspecting consumers looking for help. The risks for consumers seeking legitimate debt relief help have  … Read more

College students these days are facing more challenges in managing their debt burdens after graduation than ever before. Although student loan debt has become a 1 trillion industry, personal credit card debt among college graduates isn’t far behind. The trouble caused when students cannot afford to go to college are becoming devastating and leading to  … Read more

Once a common practice for punishing debt evaders, debtor’s prisons have been abolished since the 1830s. Jailing people over unpaid debts is no longer common practice, but that isn’t to say it hasn’t happened to some unsuspecting consumers. Breaking The Law? Lisa Lindsay is a breast cancer survivor and, now, a statistic of having been  … Read more

All the discussion over the trouble in the mortgage industry and possible solutions to help fix it and save distressed homeowners can get confusing. Not all industry experts agree on which mortgage debt solution is best and, in many cases, the answer really depends on the situation of the homeowner. Refinancing Mortgage refinancing is gaining  … Read more

A financial tool that has become more popular in recent years is the use of prepaid credit cards. Claiming to help consumers by avoiding late fees and missed payment penalties, prepaid cards are not as beneficial as many people think. In fact, if you are working towards better money management skills, a prepaid card could  … Read more