How To Deal With Debt Collectors When You Can’t Pay

By |June 8th, 2020|Categories: Blog, General Personal Finance, Life, Personal Finance Tips|Tags: , , |

  The creation of debt is usually caused by avoidable misunderstandings on the part of the borrower and lender. For example, the borrower assumes they can repay the debt. The lender assumes the borrower will do so. Culpability must always be kept in mind as you learn how to deal with debt collectors. The average person owes over $90,500

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How To File Complaints About Credit Counseling Service

By |May 26th, 2020|Categories: Economics / Politics, General Personal Finance, Personal Finance Tips|Tags: , , |

The person who is quick to borrow money is slow to pay it back. There's no shame in being in debt. It’s hard to get through life without amassing debt. The only shame is doing nothing to correct the situation. That’s why many people consult with a credit counseling service. A credit counseling service helps debt-ridden people become more financially

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Is it OK to go on Vacation When you owe Money?

By |April 14th, 2020|Categories: General Personal Finance, Life, Personal Finance Tips|Tags: , , |

Many years ago, I was an adjunct instructor and academic advisor in a small New York City college. Also, I harbored aspirations to be a rap star! So, one day I noticed that the payroll department accidentally deposited my biweekly check twice in one payment. An obvious mistake. I withdrew it all. Why not go on vacation when you owe

Payday Loans are for Suckers

By |March 10th, 2020|Categories: General Personal Finance, Life, Personal Finance Tips|Tags: , |

Desperate people do desperate things. And, if you want to know how valuable money really is, try and borrow some. These are sayings that I always remind myself of when I come into financial trouble. And I was in a lot of financial trouble when I was in my 20s and 30s. Isn’t it odd how desperate people always seem

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What to Do If Paying for Your Mortgage Becomes a Struggle

By |March 3rd, 2020|Categories: General Personal Finance|Tags: , , , |

Example of a type of mortgage financing that will get you into trouble. Are you struggling to make your mortgage payments? Maybe you lost your job, have trouble making your ends meet, or are facing other kinds of financial problems. Whatever the case, the experience is horrible, and the thought of losing your house can be terrifying. Luckily,

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Bankruptcies Dropping Among Young, But Growing For Seniors

By |August 28th, 2018|Categories: Blog, General Personal Finance, Personal Finance Tips|Tags: , , |

New Study Shows More Retirees Unable to Stay Solvent Bankruptcy is a painful process at any point in life, but it’s especially excruciating when you are at or near retirement age. There’s no time to recover and build retirement income.