Getting your debt under control can be difficult, but once you do, you may think you no longer have anything to worry about. However, sometimes a collection agency may contact you about an old debt. Here is what you need to know about these zombie debts. What is...
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Has Debt Taken
Over Your Life?
How can you stay out of debt through the holiday season?
The holidays are supposed to be a time of joy for you and your family. If you approach the upcoming season with apprehension because of your credit card bills or mounting debt, you may need help reaching the other side of the holidays without adding to the money you...
How can you settle credit card debt?
If you have a lot of credit card debt, it can feel like you may never get out from under it. The debt continues to stack while you try to pay off your cards. How can you lessen your obligation to credit card companies? According to the FTC, you can put debt behind you...
Can a debt management plan help me?
In the event that the majority of your debt comes from credit cards, there are more options for paying it down than you might think. The debt management plan is one option. While this might sound like a general approach to managing money, a debt management plan is a...
What is debt collector misrepresentation?
Dealing with debt collectors is not anyone's idea of a good time. This is true even for people whose debt collectors abide by the law. Unfortunately, not every debt collector does. Some will resort to manipulative or harmful tactics to get what they want. Harassment...
Could debt consolidation give you the wrong mindset?
Some people struggling with debt will consider debt consolidation as a way to alleviate their burden. By combining multiple debts into one, it is possible to simplify a debt load and secure a more favorable interest rate or reduce monthly payments. But debt...
How likely is student loan forgiveness?
If you have been watching the headlines about student loan forgiveness, you may be wondering whether this could reduce or eliminate your balance. A report published by CNBC discusses issues related to the likelihood of the federal government canceling student loan...
How does debt forgiveness work?
Debt forgiveness can allow you to clear your debt by paying less than you owe. It does not erase the full debt or leave you without consequences. U.S. News and World Report explains that many people misunderstand what debt forgiveness is and think it works like...
Tips for negotiating debt with creditors
When people realize that their debts have created a debilitating financial situation, they may feel hopeless and fearful of the future. What they often do not realize right away is that they may have the option of negotiating with their creditors to find some relief....
How do you recognize debt collector harassment?
Kentucky residents like you have to go through a lot when handling your debts. The last thing you need is a debt collector harassing you day and night in an attempt to get money from you. But how can you tell when the line into harassment gets crossed? How do you know...
