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Report: One in three Americans worries about credit card debt

February 25, 2020

The 1950s brought the advent of credit cards to the United States, making the method of “buy now, pay later,” easier and much more common. Nowadays, the average American has two or more credit cards in their name. Using credit cards might be convenient and common, but many people still report that they worry about…

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What should you do if you are facing foreclosure?

February 21, 2020

Getting the notice from the bank that your house will be foreclosed can leave you in a state of panic. This is not just a house, but your family’s home – how can the bank take it away from you? The stress of struggling with debt and pending foreclosure actions can be all-consuming, but you…

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Can bankruptcy impact your career?

February 4, 2020

Bankruptcy can be a helpful option for many people struggling with debt. However, there are many myths about filing bankruptcy that can make people wary about pursuing this option to relieve their debt. These myths cause many people to worry about how bankruptcy will impact their lives, including their careers. So, is it true that…

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Reasons to file for bankruptcy sooner rather than later

January 31, 2020

Many good reasons exist for people with seemingly overwhelming debt to file for bankruptcy protection, even though it can be a difficult choice. But sometimes it’s even more confusing to know when it’s time to take action. Filing too early can have severe financial consequences if you are looking to discharge certain debts. However, in…

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Predatory loans could pose a risk before bankruptcy

January 30, 2020

It is common for individuals to take out new loans to repay older debts. In some cases, this might help them keep their debt under control. Unfortunately, some of these loans might target people in financially vulnerable positions and increase the risk of debt in the long run. Regardless of whether or not individuals wish…

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Top resolutions for 2020: Take care of debt

January 29, 2020

Many people keep the tradition of making a resolution each year on New Year’s Eve. That way, they can make a change in their life and get a fresh start for the new year. In the past, the most common New Year’s resolutions often included losing weight, exercising and eating healthier. However, that changed this…

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