Credit Counseling

What NOT to do When You’re Repairing Your Credit

So, you’ve had some money problems and are working to repair your good financial name. Good for you! Rebuilding your credit – or at least looking for ways to start down that path – will help ensure that, when the time comes, you’re able to successfully apply for a mortgage, get a student loan, or finance that small business you’ve always dreamed of opening. Granted, it’s a long road,...

What is a Debt Management Plan? And is it Right for You?

Wouldn’t it be great if it were as easy to get out of debt as it is to get into debt?  All it takes is a few months of overspending to create a mound of debt that can take decades to pay back.  There’s no quick fix when it comes to paying off credit cards – and that’s especially true if you’re dealing with several cards with high balances....

3 Debt Consolidation Program Mistakes to Avoid

Are you thinking about entering a debt consolidation program?  It can be a great solution, yet you will want to be mindful in helping yourself.  For instance, sometimes advertisers and marketing material is engineered in order to make those most vulnerable, lean towards a debt consolidation program.  A debt consolidation program is a great solution to those who find themselves in an unwanted financial situation, but it is necessary...

Smart Credit Card Debt Management Tips for College Students

College students are in a great mindset.  They are out of high school, they have more freedom, and they may have a steady job making some money.  Unfortunately, many college students take advantage of the buy-now-pay-later mentality of the credit card world and find themselves in a position of seeking credit card debt management. Credit card companies prey on college students because they figure they are not experienced enough...

Simple Credit Card Debt Solutions

Ideally, credit cards are used to help people build credit and to acquire large purchases without the need to have all of the immediate funds.  In short, credit cards are supposed to exist as financial tools to help consumers; yet, consumers often abuse credit card privileges or are not cognizant of ancillary information that can later lead them into trouble.  Credit cards can be used as a helpful tool,...

Is Debt Settlement Right For You?

Some debt settlement companies guarantee debt relief in a year.  Others promise to slash your debt, in some cases reducing the amount you owe by up to 60 percent or more, all while keeping the creditors at bay.  And, almost all of them pledge to help you regain control of your finances. If you’re drowning in debt, they sound like a dream come true.  But, are they too good...