Category Archives: Debt

How to Avoid Debt by Paying for College Without Student Loans

With total student debt in the U.S. exceeding $1 trillion, Americans seem to be accepting that going to college and racking up debt go hand-in-hand. But contrary to common belief, a good education doesn’t have to leave you (or your kids) saddled with a ridiculous amount of debt. College is expensive, yes – and it’s… Read More »

Preventing Debt: How Young Adults Can Better Manage Finances for Life’s Big Moments

When you look at the cost of buying a house, purchasing a new car, or planning a wedding, it’s no wonder so many young adults are in debt: Life’s biggest moments are also the most expensive! But while taking on debt with each of life’s major milestones has become the American way, it’s not necessarily… Read More »

What Debt Solution is Right for Me?

In searching for a debt solution that’s right for your particular financial situation, it can be difficult to decide where to turn. There are countless credit counselors and debt settlement organizations out there, and it’s tough to sort out the good from the bad. To receive the best possible solution, there are a few things… Read More »

Understanding Your Risks and Rights with Unsecured Debt

There is a simple and easy way to understand the difference between secured and unsecured debt. Secured debt is backed by some type of property, such as a car or house. Defaulting on this type of debt typically means the forfeiture of the property in question. Unsecured debt is backed simply by a promise of… Read More »

Can Filing for Bankruptcy Stop Creditor Judgments for Credit Card Debt?

Credit card judgments are like ticking time bombs: You never know when they’re going to go off. For many consumers, bankruptcy is the best way to diffuse this potentially disastrous situation. As consumer debts grow, more lenders are choosing to obtain judgments against defaulting borrowers. With a judgment, lenders and their bill collectors are granted… Read More »