Needing to wait until you get paid to make a purchase can be a frustrating experience. It can also be embarrassing if you don't have money to go out with co-workers or commit to a project for another week. Credit cards help consumers by freeing up resources and...
Month: July 2021
Post-bankruptcy recovery steps
Filing for bankruptcy was the right move in your situation. That decision may have been the easy part. Now that most of your debts have been erased, you still need to confront the reason you were in this pitfall. That reason: your spending and your financial habits....
How soon will a lender foreclose on your home?
The basic idea of foreclosure is fairly simple. You agreed to make monthly payments when you got your mortgage loan. If you miss those payments, you breach the contract, and the lender takes the home back through foreclosure. They sell it to get what they can. But how...
3 ways to use bankruptcy to build a better financial future
People often have negative attitudes toward bankruptcy, viewing it as a sign of failure instead of a valuable tool. People become so absorbed in the stigma of a bankruptcy filing that they fail to see the benefits of stopping collection activity and discharging their...
3 tips for being proactive with debt
Debt is sometimes necessary, but it can get out of hand. If you’re finding it hard to pay your bills on time or have little flexibility in your budget, it’s time to start being proactive about paying off those debts. How can you decide on the way to pay down what you...
