Debt is a four letter word that almost every person has had to deal with since the beginning of written time and history.  Debt was talked about in the bible, by Shakespeare, and by tens of thousands of other authors since.  The posts found in this category have to deal with either my personal relationship with debt, or the idea in general.

Discovering Prepayment Problems with My Student Loans

Despite being out of law school for about 12 years, I still have a pretty good amount of student loans hanging around.  I paid my smallest student loan off way back in 2012 throwing extra money at it when I could, and I never really worried about the balance since they were all locked in at an interest rate of 3.50% and only costs me a few hundred every month so it wasn't worth liquidating assets to pay it off completely.  Notwithstanding, earlier this year I thought it would be a good idea to put a few dollars (and I do mean [...]

By |2018-12-26T10:26:25+00:00December 26th, 2018|Debt|0 Comments

Types of Personal Loans

There are countless reasons you may need some extra cash, especially this time of year. You could need it to cover an emergency (like a roof repair or car accident), make some purchase (Christmas presents), or to consolidate your debts. You may require a loan where a bank lends  you an amount of money for interest and a fixed timeframe. Because there are various reasons to get a loan, there are different loans types that are available. Each type has its own pros and cons, so it is smart to review them to know what might work best for you. Many financial [...]

By |2019-01-07T22:48:50+00:00December 21st, 2018|Debt|0 Comments

5 Things to Consider Before Resorting to Bankruptcy

No one wants to file for bankruptcy. Yet, there were almost 800,000 total bankruptcy filings in 2016 alone—the vast majority of them by individuals. Even though this process is fairly normalized, it’s not something that you should take lightly. Here are five things you should consider before resorting to bankruptcy. Do You Understand What Bankruptcy Means? There are two main types of bankruptcy for individuals: Chapter 7 and Chapter 13. These two types of filings work a bit differently: Chapter 7 bankruptcy is the most common form of bankruptcy. In this situation, a person’s non-exempt assets are liquidated for cash in order [...]

By |2019-01-15T09:28:37+00:00November 29th, 2018|Debt|1 Comment

5 Credit Cards to Build Your Credit Score, Even With Bad Credit

No one sets out to ruin their credit, but sometimes financial emergencies happen. Maybe your lost your job and weren't able to make credit card or loan payments. Or maybe you have an unpaid hospital bill that was reported to collections and has drastically lowered your credit score. While having a bad credit score has a huge impact on a lender’s decision to approve your application to borrow money, you’re not option-less. If you’re ready to start rebuilding your credit, have no fear! Keep reading to learn about five of the best credit cards for bad credit. 1. Capital One Secured Mastercard [...]

By |2018-11-01T16:56:16+00:00November 1st, 2018|credit cards|0 Comments

4 Myths About Online Short Term Personal Loans

If you need some emergency cash, you may be considering an online short-term personal loan. These loans can be a good way to get the money you need for an unexpected bill, or any other situation in which you need some fast cash. However, there are quite a few myths about online short-term personal loans. In this article, we’ll take a look at a few of these misconceptions, and give you all the information you need about short term online personal loans. Myths Often Shared About Short Term Personal Loans You Need A Good Credit Score to Get A Short-Term Personal Loan [...]

By |2018-10-29T14:17:56+00:00October 22nd, 2018|Debt|0 Comments