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.

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 |2019-01-15T09:28:37-04:00November 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 |2019-01-20T10:47:37-04:00November 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 |2018-10-29T14:17:56-04:00October 22nd, 2018|Debt|0 Comments

What 5 Types of Personal Loans Are There to Choose from and What Can You Finance with Them?

If you think a Personal Loan is one size fits all, we have news for you. There are various types of loans out there, and some kinds are best suited to your needs, history, and future goals. Which is the perfect fit for you? Get a great head start on the ideal personal loan by checking out these five types. Cosigner loan. Before applying for a personal loan, do your homework. First, check your credit report. Next, use an EMI calculator for personal loan to estimate how much you’ll owe monthly on the amount you’d like to borrow. If your credit history [...]

By |2018-09-26T11:29:58-04:00September 26th, 2018|Debt|0 Comments

How to Get out of Debt Faster

If you have recently graduated college, then you might already know how it feels to be in debt. Many people choose to bury their heads in the sand by not confronting their debts. However, when disaster strikes – job loss, unexpected illness, or an expensive home repair – you will have to deal with your debts. No matter what kind of debt you are paying off, it might take years or decades to clear it. Here are some steps that will help you to get out of debt faster: Pay More than the Minimum Instead of paying the minimum amount on your [...]

By |2018-08-29T10:24:59-04:00August 29th, 2018|Debt|0 Comments