Many people are under the impression they can  manage their debts on their own. While some people can be successful reducing their debt burdens, many fall into one of the several traps lurking in the debt relief industry. Working with a debt relief professional seems like the safest bet for finding reliable solutions to your  … Read more

Not all debt is bad debt, but it certainly can be when balances become too high or financial hardship strikes. One way to go about resolving issues surrounding debt repayment is negotiation. As you may well know, or could have at least guessed, lender negotiations aren’t that easy. How To Negotiate Some people will advise  … Read more

If you are a college-educated American between the ages of 23-30, it is quite likely you have some amount of student loan debt still remaining on the books. The good news is that there are a few different ways to repay and negotiate debts. Here is a quick look at a few of the debt  … Read more

When it comes to credit debt, financial experts believe 2014 could be the year to get above water. With low interest rates and good credit offers, financialists believe the combination of these factors and others are setting up the New Year to be conducive to good debt management opportunities. Take Advantage of Steady Prime Rate  … Read more

If you are facing a mounting pile of debt, you have probably heard the siren song of a debt negotiation company and been tempted to answer the call. These companies usually advertise settling your debt for pennies on the dollar, getting your debt forgiven, and other claims that sound too good to be true. While  … Read more

Although in many cases getting into a bit of debt is an unavoidable fact of the modern age, the massive amounts of debt that many Americans face ought to be able to be avoided, or at least lowered. Although there are many common-sense ways to stay out of unnecessary debt, enough people still make the  … Read more

The housing bubble burst in 2007, and people are still arguing about what caused it. But whether subprime lending, tax policy, deregulation, or the ‘mania’ for homeownership is to blame (and it is likely a mixture of all these causes and more), the fact remains that five years later, people are still feeling the aftershocks.  … Read more

In an attempt to help homeowners struggling with mortgage debt, the government recently revealed HAMP, the Home Affordable Modification Program. While HAMP has helped hundreds of thousands of homeowners throughout the nation avoid foreclosure, it has posed some complications as well. Should you choose to handle your mortgage debt through a program such as HAMP,  … Read more

Whether you’ve started dating someone for the first time or are trying to find a creative date night idea, it’s always a stark reminder that a single night out can take an expensive toll on your credit card. While a date night is unlikely to be the reason for filing for bankruptcy, it reveals larger  … Read more

For those struggling with money management, bankruptcy is often the very last resort. Thus, debtors are constantly looking for other solutions to get their debt under control. Many of these options include credit counseling, debt settlement, and mortgage modifications. While these are all great solutions to a debt crisis, they all involve hidden dangers that  … Read more