How to Use a Credit Card Repayment Calculator


Tips for Using a Credit Card Repayment Calculator The minimum payment for credit card debts is calculated based on a percentage of your entire current balance. Issuers of credit cards also typically set a limit for the minimum. While your minimum payment may drop as you pay your balance, thanks to compounding interest, you will likely pay on your card for a very long time if you choose to pay the minimum payment. When you carry a large, fluctuating balance on your credit card, figuring the minimum payment may feel like a guessing game. Often times, however, determining your minimum payment [...]

How to Use a Credit Card Repayment Calculator2019-05-20T09:48:31-04:00

How to Navigate Financial Hardship


Financial Hardship is all too Common While many Americans are celebrating the new year with lofty goals, others are just trying to pay the bills and hoping no financial emergency arises. In fact, only 66% of Americans could afford to spend $400 in an emergency, and only 39% of Americans say they could cover a $1,000 emergency expense. This means that the majority of Americans are only one car breakdown, injury, or other unexpected expense away from financial hardship. If you are one of the thousands of Americans facing financial hardship, there is hope and help. Navigating Financial Hardship Whether a [...]

How to Navigate Financial Hardship2019-03-28T15:22:17-04:00

Is Debt Consolidation Right for Me?


Are you a Good Candidate for Debt Consolidation? Most of us would agree that having less debt is much better than having more debt. In fact, having lower balances correlates with having a higher credit score. There are a number of reasons that someone might consider consolidating debt. It definitely has its advantages. Debt consolidation can help you get out of debt and increase your credit score, but is it right for you? When it Makes Sense to Consolidate One of the main reasons people consider consolidating debt is when they have gotten in over their heads and want to make [...]

Is Debt Consolidation Right for Me?2019-03-28T14:46:34-04:00

Why Paying Off Debt Can be Cheaper with a Bankruptcy Attorney


Paying Off Debt is Easier With Expert Help If you are one of the 28% of Americans who resolved to improve their financial situation this year, you will no doubt want to tackle your debt. The average American carries $38,000 in debt, not including home mortgages, making a resolution to pay off debt one that will require hard work and dedication. If your debt load is higher than average or if you are already behind on payments and receive calls from debt collectors, improving your financial situation may seem impossible, but you can solve your debt problems. Continue reading to learn [...]

Why Paying Off Debt Can be Cheaper with a Bankruptcy Attorney2020-01-07T12:33:14-05:00

What is a Mortgage Loan Modification?


When to Consider a Mortgage Loan Modification Mortgage payments often become out of reach and there are plenty of reasons why. You may have been given an adjustable rate mortgage that was affordable at the time you bought your home but has since seen a spike in interest, or you may have bought your home right before the housing market fell and now find yourself paying a payment month after month that exceeds the value that your house is actually worth. It could also be due to the loss of a job or an injury or illness that has resulted in [...]

What is a Mortgage Loan Modification?2019-05-07T15:50:42-04:00

What are the Pros and Cons of Using a Loan to Pay Off Credit Cards?


Should you Take a Loan Out to Pay Off Credit Cards? If you are wanting to have better control of your finances or are tinkering with the idea of bankruptcy, you have probably noticed the advertisements for debt consolidation. However, debt consolidation may not be the right option for everyone. Learn more about using debt consolidation to pay off credit cards. If you have not heard of debt consolidation, it is when someone gets a single loan in order to pay off several smaller loans. This leaves the borrower with one single payment each month rather than multiple payments. The idea [...]

What are the Pros and Cons of Using a Loan to Pay Off Credit Cards?2020-01-07T12:45:33-05:00
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