News
Smart Ways to Manage Your Credit
With bankruptcy plaguing the country, it is only necessary to know how one can stay clear of it. One of the biggest causes of bankruptcy in recent times is over spending, which leads to building up of loans and credit, eventually becoming a burden too heavy to carry....
Simple Ways to Avoid Bankruptcy
With an increasing number of people declaring bankruptcy in recent times, one lives in fear of the repercussions of even the slightest financial crunch that materializes in our everyday lives. Nobody wants it, nobody likes to go through it, but the truth is that...
Life after Bankruptcy: Steps to a Fresh Start
Just as every action has an equal and opposite reaction, bankruptcy too has repercussions. Rebuilding your life after declaring bankruptcy may seem like a daunting task- starting anew on building your credit ratings, finances and emotional stability; but it can prove...
Are You Heading Towards Bankruptcy?
With bankruptcy increasing at a disturbing rate over the past few decades, it is important for you to know potential pitfalls that might lead you to falling prey to it too. People often overlook alarming issues that can leave them insolvent; listed below are some of...
Dealing with student loan debt
As reading week passes, graduating students start to contemplate their futures outside the halls of academia and one of the most prominent things on their minds will be paying off their student debts. Their educations have largely been paid for through a combination...
Retirement savings untouchable by creditors, sort of
One of the main concerns of paying off creditors is the thought of compromising your financial future in settling debts in the present. In particular, people are worried that creditors will seize all or part of their pensions in order to settle debts. The good news is...
Can creditors get into my bank account to collect?
One of the most frightening jolts you can get financially is to go into a bank account to see if you have enough to cover off a payment only to find a zero balance. You’re in financial hardship; you’re juggling payments to make sure one doesn’t get too far behind;...
Use and demand respect when dealing with collection agencies
Everybody dreads calls from collection agencies, but there are certain guidelines collection agencies must follow in dealing with debtors and there are certain things consumers can do to protect themselves from the harassment some collection agencies employ. First of...
Teaching kids financial responsibility
One of the things we constantly preach about in terms of savings is to start early in order to make it easier to budget and maximize your investment, and the same thinking applies to learning financial responsibility — start learning early. Now, it may be a bit late...