Month: August 2017
Ranking student loans in a debt management approach
Faced with a heavy burden of debt, many Tennessee residents understand that they need to sit down and chart out a course of action. For many, devising a debt management plan is a challenge. The entire process may seem overwhelming, and it can be difficult to know where to begin. A powerful starting point for
Tips on dealing with credit card debt collectors
Struggling to overcome high levels of debt can feel overwhelming for Tennessee residents. That is especially true when debt collectors begin calling. While there are regulations in place to limit the tactics that debt collectors may use, many companies operate outside of those established boundaries. Understanding how to handle interactions with credit card debt collectors
Debt management can negatively impact personal relationships
Being in a relationship can be an exhilarating experience, when the world seems full of possibility. For many people, the relationship reaches a point where the focus tends to turn toward long-term compatibility. Financial management is a critical area of concern, as differing approaches can lead to conflict and strife in a relationship. This is
Four tips for managing your first credit card
Getting a credit card for the first time is exciting. However, you want to avoid becoming inundated in credit card debt. A report in USA Today states that overall, Americans hold an average of $3,600 in credit card debt. You want to fall well below that average. To avoid debt throughout your lifetime, you should
Avoiding scams during debt management efforts
The fear of losing one’s home is a serious matter for Tennessee residents who are facing ongoing debt issues. Often, individuals or families have saved for many years to afford a home of their own. Once that goal has been reached, the house becomes a significant source of pride. Facing the risk of foreclosure can
3 effective strategies to better manage credit card debt
Credit card debt affects numerous Americans. In fact, a report by Bloomberg states the mean debt for the average American household stands at around $16,000. However, for people with student loans or mortgages, that number can easily skyrocket. Paying off any amount of debt can seem daunting. Fortunately, there are ways to better manage the
Will Chapter 7 bankruptcy destroy retirement savings?
Deciding how to address overwhelming debt can be a challenge, especially for Tennessee residents who are approaching retirement age. Understanding how a Chapter 7 bankruptcy filing will impact retirement savings is a top priority for many consumers, and an important part of the decision-making process. The following information is offered to assist consumers in understanding