How Does Debt Settlement Work? Pros & Cons
Debt settlement, which is also referred to as debt negotiation or debt arbitration, is a process whereby a creditor agrees to reduce the total amount of debt owed and in return, the…
Tips to Help You Get Out of Debt Quickly
In the U.S., household debt reached nearly $17 Trillion by the end of 2022 and, with inflation rising, it's bound to continue going up. It's more important now than ever to put…
2022 Debt & Credit Card Use Statistics in the U.S
In the year 2020, most Americans were getting financial support from the government. Their spending was also low due to restricted movement. This was as a result of the lockdowns, travel, and…
Examples of Good Debt vs Bad Debt
Good debt and bad debt are terms used to describe different types of debt and their effects on your financial health. Good debt is debt that improves your income or net worth,…
What’s Better, Investing Your Money or Using it to Pay Off Debt Sooner?
Every day, people have to make decisions about their money. The choices they make have an impact on their financial health, so people have to be informed if they want to make…
Tips for Paying off Holiday Debt Before it Hurts Your Credit
Now that the festive season is behind you, what remains with you are the beautiful memories and of course, the huge holiday debt that you accumulated. As the new year kicks off,…
