Medical debt: Even a small balance can lead to financial struggle
The fear of the costs associated with an unexpected medical emergency is a concern for many individuals in Tennessee. However, while dealing with high amounts of debt can be a daunting process, even smaller amounts of medical debt can create an unfortunate situation. Recent studies suggest that when it comes to unpaid medical bills, individuals
Impulsive spending habits may leave many in search of debt relief
Many companies deploy marketing strategies that are designed to entice consumers in Tennessee to make spontaneous purchases. While adding that last minute item to the shopping cart may seem harmless, impulse purchases can add up over time. Individuals who are prone to making sudden purchases might benefit from seeking out ways to cut down on
3 most expensive medical procedures
It is no secret that the health care system in the United States places a heavy financial burden on patients. Whether you are going in for a general wellness check or preparing for a major surgery, you can anticipate a hefty bill to pay, and this is often true even when you have insurance. The
Choosing a method to reduce or eliminate credit card debt
Many individuals in Tennessee have experienced financial hardships after falling behind on credit card accounts. Those who have similar accounts in collections may consider pursuing debt forgiveness through consolidation. However, although an offer to consolidate may appear appealing, there could be consequences to using similar methods to reduce or eliminate credit card debt. Falling past
Debt relief: Many worry they will remain in debt throughout life
The trials of dealing with debt are an unfortunate reality for many individuals in Tennessee and elsewhere. Studies suggest that more than 10 percent of those surveyed said they would likely remain in debt throughout the remainder of life. However, with some studies indicating that the actual number of Americans that are dealing with substantial
Debt relief: Even good debts may lead to dire financial hardships
With an economy that is thriving, many families in Tennessee and elsewhere may feel less apprehensive about taking on new debts. However, there may be some confusion about which types of debt are considered positive and which types may provide little monetary return. With high interest rates that can cause account balances to constantly rise,
Medical debt driving retired seniors to bankruptcy
Getting sick, suffering an injury or simply getting older — all of these are unavoidable aspects of being human. With the high cost of health care, medical debt may be an unavoidable part of being human, too. This particular economic strain can be devastating no matter what stage of life a person is in, but
Credit card debt: Average interest rates hit all-time high
For many individuals in Tennessee and elsewhere, credit cards may seem like an essential part of life, especially for those living a paycheck-to-paycheck lifestyle. However, with constant increases to interests rates, using similar accounts to fund purchases may come with inherent risks. Whether a card is used for everyday needs, or to cover the costs
Seeking advice in pursuing debt relief in Tennessee
With consumer debts across the nation reaching an all-time high, many individuals in Tennessee and elsewhere may be experiencing the hardships of dealing with overwhelming financial responsibilities. Similar concerns can place a heavy burden on a person and leave him or her uncertain about how to regain financial stability. Those who experience dire financial struggles
Proposed changes concerning student loans in Chapter 7 bankruptcy
With the ever-increasing costs associated with college tuition, the price of pursuing a higher education has left many facing prolonged periods of monetary struggle. When coupled with other forms of debt, such as credit card and medical bills, high amounts of student loan debt could leave a person in Tennessee living a lesser quality of